Licensed Oregon realtor • Scout Realty co, Portland

Tag: escrow

Real Estate Basics: What Is Escrow?

Real Estate Basics: What Is Escrow?

When real estate agents talk about “Escrow” what we’re really referring to is the escrow period in a real estate transaction – the period of time between having an offer accepted and the closing or finalizing of the sale. During this time, a title company […]

Real Estate Basics: What Is Earnest Money?

Real Estate Basics: What Is Earnest Money?

Earnest money is good faith funds the buyer deposits into an escrow account when their offer to purchase a home is accepted. It acts as an assurance for the seller that the buyer is not entering into multiple purchase contracts at once, and more importantly […]