Term of the Day: Escrow!

What is escrow, and why is it important? Should I remember who my escrow officer is? Chances are, you don't know who your escrow officer is, and that is usually a good thing. Watch below to learn why!

Unless the deal has bumps in the road, you're probably not going to remember them. They're a necessary neutral 3rd party that allows the transaction to occur. What should you ask? Does either agent have a relationship with the escrow company, and what risks might that involve? Keep in mind, while Escrow and Title are usually the same party, they are different, but that will be discussed on another Tuesday!

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