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What is Escrow?
Buyers and sellers, particularly first time buyers, often find the transaction process confusing and don't understand who all the parties involved are in a property purchase. You can be their resource by outlining these processes and parties. Use this article to help explain the Escrow process and the role that Escrow plays in the purchase and sale of property. Although suited for most areas nationwide, please review and adjust to your area regulations as needed. You may also use this series in your buyer or seller packages or on your website.