How to Open a Real Estate Agency Escrow Account

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How to Open a Real Estate Agency Escrow Account – This is a place for the community to provide tips and advice on How to Open a Real Estate Agency Escrow Account. This topic was created by stefs 44 and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - How to Set Up an Escrow Account for a Private Property Transaction

Published: 9 years, 7 month(s) ago | Submitted by Justin Sommer | permalink

Escrow accounts are commonly used in real estate transactions. They act as a middleman between a seller and a buyer to protect and hold funds and important documents. The escrow officer in charge of ...

For further reading: http://finance.zacks.com/set-up-escrow-account-private-property-transaction-10909.html ^[1]

Tip 2 - Field Guide to Escrow Accounts/Earnest Money

Published: 9 years, 7 month(s) ago | Submitted by David Applebaum | permalink

For further reading: http://www.realtor.org/field-guides/field-guide-to-escrow-accounts/earnest-money ^[2]

Tip 3 - Understanding The Escrow Process

Published: 9 years, 7 month(s) ago | Submitted by Tyra Ceasar - Mitchell | permalink

Learn the 10 steps that lead up to closing the deal on your new home and taking possession.
Tags: mortgage,escrow,home,buy,sell,sale,escrow agent,agent,agreement,purchase agreement,lawyer,inspections,reports,account,home insurance,options,wm-personal real estate,wm-high net worth insurance

For further reading: http://www.investopedia.com/articles/mortgages-real-estate/08/closing-escrow-process.asp ^[3]

Tip 4 - Escrow Accounts: What You Need to Know - Real Estate News and Advice - realtor.com

Published: 9 years, 7 month(s) ago | Submitted by trapanator | permalink

ByMichele Lerner5:03 am ETJuly 31, 2014July 31, 2014 With mortgages, homebuyers typically pay extra money into escrow accounts every month, along with their home loan payments. While a mortgage holder collects the principal and interest payments each

For further reading: http://www.realtor.com/advice/escrow-accounts-what-you-need-to-know/ ^[4]