Step 3: The Escrow Period
This is the third of seven videos taking you step by step through the home buying process. In this video, we learn about The Escrow Period. This is the time between signing the contract for a new home and closing on the home. In this time, the Title Company is busy researching the title, calculating taxes, fees and other closing costs and the mortgage lender is busy taking the final steps to approving the buyer for the loan and having the home appraised to make sure it can qualify as sufficient collateral.
Thanks to Allison Celeste, Loan Originator with The Kelly Rogers Team, Movement Mortgage. For more information, please visit: www.KellyRogersTeam.com
Thanks to Stacy Fontenot, Escrow Officer at Stewart Title. For more information, please visit: www.stewart.com
For help buying or selling your home, please visit: www.thegreeleygroup.com or call Aaron Greeley at 832-868-3758