Submitted by Tammy LeMaire
The world of escrow can be confusing and scary to the homebuyer, below are a few key facts about escrow;
 
1.) Escrow is a neutral third party
2.) Escrow is designed to work as a liaison between Seller, Buyer, Lender and Real estate agents.
3.) Escrow handles the legal documents which transfer ownership of the property.
Purchasing or selling a home often involves large sums of money and even larger amounts of paperwork.  The escrow officer is necessary to prepare these documents with close attention to detail for each party involved.  For more information about escrow please call The Rob Levy Team.