When you're buying or selling a home in Aspen, you'll hear the term escrow - and if you've never been part of a real estate transaction before (or even if you have), it's a good idea to familiarize yourself with what it means. 3 Things You Need to Know About Escrow When You Buy a [...]
In real estate, escrow is there to protect both buyers and sellers. It's a safe place for money and documents, which are held there until the deal closes and the transaction is complete. Here's how it protects you. How Escrow Protects Buyers and Sellers Buyers Here's an example of escrow protecting a buyer. Let's say [...]
In real estate, whether you're buying or selling a home in Aspen, you'll hear the term escrow. But what does it mean, and how does it work? Here's what you need to know. What is Escrow? In real estate, escrow is a secure holding area where all the important items pertaining to the deal are [...]
