Understanding Escrow: How It Works in Real Estate
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Ever wonder what “in escrow” means in real estate when you see it all over social media? 🤔 When a home is in escrow, the seller has accepted an offer and the real estate transaction is officially underway — but it’s not sold yet. This is the phase where home inspections, appraisals, loan approval, and escrow timelines all come into play. Whether you’re a first-time home buyer, thinking about buying a house in California, or just trying to understand the home buying process, knowing what escrow
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