How, What and Why of Escrow

If you plan on buying, selling or refinancing any property in the future, you’ll need to know and understand about Escrow.

In this video, I speak with Gail Van der Hoeff of Lewis County Title here in Chehalis, Washington on the escrow process.

Many folks buying, selling or even refinancing their home are unaware of all that goes in to closing, or escrow.

Once you have gone through the entire process of the purchase and sale or refinance of your home, you think, “I’m done!” Well, not quite! There’s still the matter of disbursing funds to the proper parties and making sure those who also took part in your sale or purchase such as the appraiser and those good ole property taxes and homeowners dues are all paid up in full before you take or relinquish possession of your real estate investments.

Escrow also handles all the payoffs of utilities, title insurance and any miscellaneous fees or costs that may be written in to the purchase or sale of your property.

In short, escrow is the process of making sure your financial responsibilities are covered!

I hope you enjoyed this video as Gail and I go through the step by step actions you need to know to make your real estate closing smooth and without drama.

SimonsI am passionate about Real Estate and eager to answer all of your real estate questions! Text or Call me at 360-880-2356 or email me directly to ask about Buying, Selling or Investing in today's Real Estate Market - serving Lewis County & Thurston County, WA.

Janet Simons | Certified Residential Specialist | Real Estate Broker
Mountain Valley Real Estate