The Rich Haney Group

Claim
marker

Concord, NC
Concord, NC 28027

marker
(704) 262-6050
Incorrect info? Correct your listing
Main categories:

Real Estate

Related categories:
Reviews
( 1 )
( 0 )
( 0 )
( 0 )
( 0 )

Best

Although it’s not the most talked-about aspect of buying a home, escrow is nonetheless a vital component of a successful transaction. Escrow is an arrangement in which a neutra...

Worst

All reviews seem positive

The Rich Haney Group Escrow 10/21/2013

Although it’s not the most talked-about aspect of buying a home, escrow is nonetheless a vital component of a successful transaction. Escrow is an arrangement in which a neutral third party holds onto funds and key documents involved in a home sale, and then distributes them according to the agreement between the buyers and sellers. The Escrow period begins when a seller accepts a buyer’s offer, and ends at the closing table. Purchasing a house isn’t like buying shoes; there’s a lot of money involved, a lot of steps to manage, and a lot at stake. So the buyers and sellers don’t exchange money and documents directly with one another. They do it through the escrow account. Escrow ensures accountability. Buyers want to be sure all contingencies are met (inspection, title report, secured mortgage, etc.) before the sellers cash any checks. Sellers want to make sure they receive funds before they hand over the deed. Source: http://richhaneygroup.com/ more
< Previous 1 Next >
FALL SALE!!!:
15% OFF all yearly plans
Use year15 at checkout. Expires 1/1/2020
badge