The Listing agent sets up a pre-escrow with a title company and the buyer has the option to choose another and work with them if they prefer. If you are the Buyer's agent, deliver the fully executed agreement along with the Escrow Agreement ASAP after the Binding Date.Escrow is a legal arrangement where a neutral third party, typically an escrow agent or company, holds funds or assets until specific conditions are met. It permits either party to assign interest in the contract to another person who will perform the contract's terms. In this instance, the broker has to first send out what is referred to as a "10-day letter," stating the pro- posed disbursement and giving the parties 10 days. Learn what escrow means and how it will affect your home transaction. Buying or selling a home is easy with the attorneys at One Closing Source. Since consumers had a choice in the matterthey did not have to ski). We should all be proud of the ways our members look out for the communities where we serve. Georgia law allows health spas to sell contracts prior to opening.
