Paragon Realtors Real Estate

Escrow

Technically Speaking : Escrow Agent

Image of Paragraph 5A of the TREC Contract

Who is the “Escrow Agent” and what do I put in Para. 5?

Escrow is the process of placing funds in trust with a third party until all conditions are met. The Escrow Agent for our TREC contracts is the neutral third party holding trust funds, conducting the closing, and making disbursements after the closing and funding. This could be a [...]

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