• 109 - How Escrow Works

  • 2024/01/04
  • 再生時間： 22 分
  • ポッドキャスト

109 - How Escrow Works

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  • In this episode we talk about how escrow works. When you’ve made a final offer on a home and reached an agreement with the seller, you start the escrow process in which a neutral third party manages funds and assets, and ensures all conditions of the sale are met before the property changes hands.

    Topics covered include:

    • When escrow officially starts
    • The mindset a first-time homebuyer should have during escrow
    • Who is responsible for identifying an escrow company to use, whether a homebuyer can choose the escrow company, and who contacts the escrow company to open an account
    • What title search and title insurance are
    • What kind of contact the homebuyer can expect to have with their lender
    • Whether it’s common for sellers pay for a home warranty for the first year
    • What happens at document signing

    Our Guest:

    • Lynn Bishop, Escrow Officer at Placer Title Company
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あらすじ・解説

In this episode we talk about how escrow works. When you’ve made a final offer on a home and reached an agreement with the seller, you start the escrow process in which a neutral third party manages funds and assets, and ensures all conditions of the sale are met before the property changes hands.

Topics covered include:

  • When escrow officially starts
  • The mindset a first-time homebuyer should have during escrow
  • Who is responsible for identifying an escrow company to use, whether a homebuyer can choose the escrow company, and who contacts the escrow company to open an account
  • What title search and title insurance are
  • What kind of contact the homebuyer can expect to have with their lender
  • Whether it’s common for sellers pay for a home warranty for the first year
  • What happens at document signing

Our Guest:

  • Lynn Bishop, Escrow Officer at Placer Title Company
続きを読む 一部表示

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