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Why is Escrow Needed?
Whether you are the buyer or the seller, you want assurance that no funds or property will change hands until all instructions have
been followed. With the increasing complexity of business, law and tax structures, it takes a trained professional to supervise the
transaction.
•
How Long is an Escrow?
The length of an escrow is determined by the terms of the purchase agreement/joint escrow instructions and can range from a few
days to several months.
•
Who Chooses the Escrow?
The selection of the escrow holder is normally done by agreement between the principals. If a real estate agent is involved, they
may recommend an escrow holder.
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Why Ticor Escrow?
Ticor Escrow has experienced and knowledgeable Escrow Officers waiting to assist you. We can handle your Residential and
Commercial Purchases and/or Refinance Escrows, from the unique to the complex. Ticor has offices locally and nationwide to
accommodate the most demanding Buyers, Sellers and Borrowers. Call us today to close your next transaction.
What is an Escrow?
Buyers and sellers of a piece of property establish terms and
conditions for the transfer of ownership of the property.
These terms and conditions are given to a third party known
as the escrow holder. In turn, the escrow holder has the
responsibility of seeing that terms of the escrow are carried
out. The escrow is an independent neutral account and the
vehicle by which the mutual instructions of all parties to the
transaction are complied with.
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ESCROW: FAQ




