Tag: escrow

How to make a more competitive offer

How to make a more competitive offer

It is hard out there for buyers right now. In Portland there’s so much competition for the small amount of listings we have that along with high all-cash offers some buyers are doing things like waiving all inspections and agreeing to purchase homes as-is, even 

Real Estate Basics: What Is Escrow?

Real Estate Basics: What Is Escrow?

When real estate agents talk about “Escrow” what we’re really referring to is the escrow period in a real estate transaction – the period of time between having an offer accepted and the closing or finalizing of the sale. During this time, a title company 

Real Estate Basics: What Is Earnest Money?

Real Estate Basics: What Is Earnest Money?

Earnest money is good faith funds the buyer deposits into an escrow account when their offer to purchase a home is accepted. It acts as an assurance for the seller that the buyer is not entering into multiple purchase contracts at once, and more importantly