The Art of Escrow – Buying or Selling a Business? A Whole Different Animal! (Part 1)

I am sure you have wondered, “If I want to buy an ongoing hair salon, for instance, how do I go about it?” It’s not just your home that you can buy and the escrow handled by your Escrow Agent; you can also go through an escrow process to buy a business and/or its assets, too. Even though the basics are the same – neutral third party handling the transfer of funds and paperwork and subject to conditions that Buyer and Seller have agreed on – the actual escrow process is different.