1. A buyer and seller make an agreement. A repair escrow is an agreement between the Buyer and Seller to set aside money to complete required repairs after the transaction closes.Discover the California escrow process from start to finish. Learn crucial steps, tips, and FAQs to ensure a smooth transaction. This article explains how to understand the California home buying escrow process. Focusing on the California home buyer during the escrow process. Upon receipt of the funds and instruments described in this Section 4, Escrow Holder shall cause the.