What Is the Difference Between Escrow and Escrow Accounts?
Point2Homes
JULY 28, 2020
This is paid in good faith to show that the buyer is serious about the transaction and has the funds to proceed, obligating the seller to take the house off the market. Additionally, the buyer will typically be required to deposit a mortgage pre-approval letter as proof that they qualify for an adequate mortgage.
Let's personalize your content