Question: Topic Open Escrow is a term often heard in the real estate industry. This is the end of the purchase/sale process also known as closing.

Topic

"Open Escrow" is a term often heard in the real estate industry. This is the end of the purchase/sale process also known as closing.

  1. Who do escrow companies represent and how?
  2. What role do escrow companies play in the overall process of a real estate transaction.
  3. Define "closing" in your words.

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