Products & Services Escrow Services Essentials |
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Escrow Services
Primer | Process | Tasks | Essentials
Escrow Essentials
- If you are required to bring in money to close your transaction, arrangements must be made with the escrow agent/holder
- If you plan to use a Power of Attorney, get it to the title company as early as possible to make sure it will be acceptable
- Shop for homeowners or fire insurance as soon as your offer is accepted
- If you are the seller, do not cancel your insurance until you have received the proceeds from your sale
- Your lender continues to accrue interest to the date that it posts your loan as being paid in full
- After escrow sends the payoff check to the lender, you can expect to get your impound account or other refund back from your lender, generally within 30–60 days
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