What is Escrow? – Part 3 – Understanding The Process

All the information is in and you are now in escrow. Now what happens? What does the Buyer need to do? Get a Loan? Do Appraisal? Physical inspection? What does the Seller need to do? Prepare the property for the appraisal and inspections? And what does the Escrow Holder do? Here is a list of each party needs to do in order to close.