Categories: Good To KnowPublished On: May 16th, 2024

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Escrow Holdbacks vs. Repair Escrows: What’s the Difference?

Escrow holdbacks and repair escrows are common tools in real estate transactions, used to facilitate smooth property transfers under certain conditions. These financial arrangements help manage and mitigate risks associated with property conditions at closing. I will clarify the distinctions and similarities between escrow holdbacks for repairs and other types of escrow accounts. You will…

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