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Your
Offer Is Accepted
Once an offer is accepted, the seller
opens up an escrow with a set amount of
time to close.
An escrow can be best associated as if
it is a referee in the process of a
loan. Escrow is a neutral third party
that makes sure that the buyer, seller,
realtors, and lender comply with the
terms of your contract.
During the escrow period, you will be
working with your agent to iron out any
issues with inspections. While this is
happening, I will be working on
approving the financing. During the
escrow you are also given several
deadlines and opportunities to back out.
These markers are known as
contingencies. Your realtor and I will
help you determine which contingency
periods will be best as a strategy for
closing.
To find
out more information about escrow and
offers, please call 310-867-3579 or
visit the
contact
page.
Step 6: The Appraisal
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