🔐 What is Escrow?
Escrow is a financial arrangement where a neutral third party, known as the escrow agent or company, holds funds and important documents during a real estate transaction. It acts as a safety net, ensuring a secure and fair exchange between the buyer and seller. 💼💸
📜 How Does Escrow Work?
1️⃣ Offer Acceptance: After the buyer’s offer is accepted, the buyer typically deposits earnest money into an escrow account as a sign of good faith and commitment.
2️⃣ Contractual Obligations: The buyer and seller fulfill their respective contractual obligations while the escrow process is underway. This includes satisfying contingencies, inspections, and other agreed-upon conditions.
Today is a good day to get started, let’s embark on this exciting journey together. Reach out to Ashe County Realty today, and let our experienced team guide you through the real estate market. Whether it’s a cozy cabin in the mountains or a charming home in town, we will help you find the perfect place to call your own.
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www.ashecountyrealty.com
In Ashe County, NC, you can find homes for sale that include charming log cabins, sprawling farmland, horse properties, commercial buildings in downtown West Jefferson, and beautiful homes along the New River. Ashe County Realty is ready to help you discover that perfect retreat!
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