Escrow: Now What?
Once you’re in escrow, it means that the buyer and seller have reached an agreement on all major points related to the transaction. At this point, an escrow agent will take over and handle things like processing paperwork, filing documents with local authorities, collecting funds from buyer/seller, title search , ensuring all requirements are met before closing. Finally, after all these steps have been completed, the deed will be transferred and keys handed over to the new owner.
White Glove Real Estate Services
The Benefits of Working with an Experienced Realtor to Navigate the Escrow Process
The escrow process can be complicated and stressful, especially for a first-time homebuyer. But working with an experienced realtor can help make it smoother and more efficient. Here are some of the ways they can assist:
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Knowledge of Local Laws
An experienced realtor will understand local laws and regulations when it comes to the escrow process, including any applicable city or county taxes or fees. They will also know when certain documents must be filed and who should receive them.
An experienced realtor will ensure all paperwork is accurate and up-to-date. This includes verifying that all figures are correct in addition to ensuring documents are properly signed, notarized, and delivered in a timely manner.
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Before you begin house hunting, make sure that all of your finances are in order. This includes getting pre-approved for a loan as well as understanding what types of fees and taxes are associated with buying a house in your area.
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Finally, an experienced agent can also assist with negotiations if there are disputes about items such as closing costs or repairs that need to be made prior to closing. They will work hard to resolve issues diplomatically so that you get the best possible outcome without going through lengthy court battles.
Working with an experienced realtor when going through the escrow process makes things easier for everyone involved — taking out some of the stress associated with buying or selling a home!
West BLVD Realty
10221 Slater Ave. #218, Fountain Valley, CA 92708
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