Discuss the six main escrow tasks pointing out something you...
1) discuss the six main escrow tasks pointing out something you find interesting or need further clarification on Solve this documentary transfer tax math problem.

2) What is the transfer tax amount? $293,000 sale; cash down payment of $58,600. New loan of $234,400 from a savings bank.

3) What is the significance of a Statement of Information and what does it have to do with escrow?

4) What is the difference between unilateral and bilateral escrow instructions?

Answer rating: 100% (QA)

1 The six main escrow tasks are a Opening Escrow This involves setting up the escrow account collecting the initial funds and ensuring all necessary documents are in place Its interesting to note that ... View the full answer