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Escrow Service
Amy Holder If you’re looking to purchase a house or another valuable property such as art, jewelry, land or software source code, you will need to look into some type of Escrow Service. Enlisting Escrow Services does not have to be confusing or difficult, and it can often make the lives of both a buyer and a seller much easier during the transaction. What is Escrow? The simplest way to think of an Escrow Service or agent is to compare their function to that of a trusted middle man. Escrow is a legal arrangement where one party transfers something, usually money for a purchase, to an agent while a contract is being executed. The agent or agency holds the money until all of the conditions of the contract are met. Once these contingencies or conditions are met satisfactorily, the escrow agent will deliver the money to the proper recipient. [AD] [REF="escrow service2"]Continued...[/REF]:FALSE |
