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What Is Escrow in Real Estate and How Does it Work?
What is escrow in real estate?
Escrow is when a neutral third party holds your funds during a home purchase to make sure all conditions are met before money changes hands. In Washington State, licensed escrow officers handle everything from verifying titles and clearing liens to paying taxes and recording deeds, giving both buyers and sellers peace of mind. Schulte & Co. offers a concierge-style escrow service, guiding you through each step so you can close on your home with confidence.