Buying or selling a home is the single largest fiscal transaction most of us will take on in our lifetimes, especially in a luxury community like Grayhawk Scottsdale. Because buying or selling a home involves the transfer of a large sum of money, buyers and sellers want to ensure that all conditions of the sale including money and documents are transferred to a neutral third party. Escrow is typically opened upon the completion of an executed contract. This contract serves as the instructions for the escrow officer as it is the full agreement between buyer and seller. The escrow officer is the neutral third party who facilitates the stipulations of the contract.
The job of the escrow officer is to hold all documents and money until all of the conditions of the contract have been met. Once the conditions of the sale are squared away, the officer will carry out the written instructions drafted by the buyer and seller in the original contract.
A competent escrow officer is an important part of any real estate transaction. As buyers and sellers, you want to be safe and ensure that no property or funds change hands before all of the stipulations of the contract have been carried out. It also helps to have an experienced team of Grayhawk Scottsdale Realtors, like Trillium Properties, who will look out for your best interest.
I invite you to view Grayhawk real estate. Please contact me to schedule a visit to any of these Grayhawk properties for sale. I can be reached at (602) 791-0536 or Carmen@TopScottsdaleHomes.com.
Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.GrayhawkRealEstate.com
Voted in the Top 3 Realtors in Arizona by the readers of Ranking Arizona Magazine, 2015-2025. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.
