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Posted on May 29, 2018 - 04:19 PM
by Kristine Stultz
for the State of Washington
What is Escrow?
Buying or selling a home (or other piece of real property) usually involves the transfer of large sums of money. It is imperative that the transfer of these funds and related documents from one party to another be handled in a neutral, secure and knowledgeable manner. For the protection of buyer, seller and lender, the escrow process was developed.