Augusta
VIP Contributor
Yes escrow holding is a safe haven for parties in real estate transactions. The outstanding thing with Escrow holding is that it protects all of the relevant parties in a real estate transaction.
This is why an escrow holder is always a neutral third party in a real estate transactions. They are to protect the seller, the home buyer, and the lender. Everyone in the transaction get covered.
The escrow make sure that no deposited funds, documents or asset are executed until all of the conditions are met as stated in the agreement . So it is always good to spend on the little fees that accrued to them to get maximum protection.
This is why an escrow holder is always a neutral third party in a real estate transactions. They are to protect the seller, the home buyer, and the lender. Everyone in the transaction get covered.
The escrow make sure that no deposited funds, documents or asset are executed until all of the conditions are met as stated in the agreement . So it is always good to spend on the little fees that accrued to them to get maximum protection.