First Time Buyers
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Real estate transactions involve significant funds and crucial documentation exchanges between you, the seller, your lender, and your sales associate. To safeguard all parties involved, the concept of escrow was established. It encompasses a third party acting as a neutral intermediary, managing instructions from both buyers and sellers. This party takes on the responsibility of paperwork handling, fund distribution, and deed recording, ensuring a secure transaction. This process typically lasts 15-30 days. Your sales associate will serve as your guide throughout the process.