8 Essential Steps to Navigating Escrow in Home Buying
Realty Biz
JULY 1, 2023
Escrow acts as a neutral third party that holds funds and documents until all conditions of the home purchase are met. The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage.
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