Judy Graff's sublime-to-the-ridiculous (well, mostly ridiculous) take on real estate for east San Fernando Valley and North Los Angeles communities. This includes Hollywood Hills, Burbank, Studio City and Toluca Lake real estate and homes for sale, and also covers Valley Village, North Hollywood, Glendale, Atwater, Highland Park, Silverlake, Sherman Oaks and other L.A. areas too. General news and musings as well.
Sunday, February 07, 2010
What is escrow?
The escrow procedure happens during house sales in California and can seem complex and confusing. Cal state even supplies an "Escrow Process Complexity" disclosure along with the other 999 disclosures they give (through Realtors) to new buyers. Margie Dansby, one of my favorite escrow officers, has furnished me with an excellent description/timeline of how a typical escrow process works. You can find it at Escrow? on my site at JudyGraff.com.
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Its mainly made for real estate.right!!
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