Short Sale Timeline A Short Sale occurs when the seller owes more to the bank than they will receive from the sale of the property. The Seller will not receive any funds from the sale. The bank that is the current mortgage holder must approve the sale and on THEIR terms. Our Short Sale Purchase [...] Read more
Tag Archives: Escrow proceedures
How Escrow Works in Prescott Arizona
Escrow Closing Procedures Here is what is about to happen once the Buyer’s loan is approved by the underwriter: Loan documents are sent from lender to escrow company(title company) Obtain your closing funds (remaining down payment and title and escrow fees) in the form of a certified check made out to the escrow company or wire them [...] Read more
