What should people expect during an escrow process? Escrow is a third neutral party and they don’t really work for anyone except the client. They (escrow) do everything through a written correspondence and they do not like taking anything verbally and believe it or not they do get a lot of written correspondence from different parties during the transaction. What they do with contract they take the instructions and dissect it. Escrow creates a settlement statement everything they do works towards that. Also escrow ends up being the bank, they collect the monies and distribute the money. Escrow is the documentation place and the banker. One thing they do have to make sure is that if they can meet the standards for the contract. There is some title companies that can’t due to the clauses. that Stay tune to hear more about the escrow process.
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