What is a closing statement?
A closing statement is a detailed document that outlines the financial terms and disbursements of a real estate transaction, including ...
Is what AEF provides similar to what the escrow account for my mortgage?
No, mortgage companies collect taxes and insurance (in an escrow / impound account) to insure that they are paid timely. ...
Can an escrow be held between an attorney and their client?
Yes, an escrow can be held between an attorney and their client. In this case, the attorney may act as ...
Can you have a one party escrow transaction?
No, all transactions at Arizona Escrow must have at least two parties.
Does Arizona Escrow & Financial handle escrow outside of Arizona?
We service the escrow needs of customers statewide and in some cases nationally and internationally.
WHAT DO I HAVE TO DO WHILE IN ESCROW?
While in escrow, the buyer and seller have several responsibilities to ensure a smooth process: Buyers should perform due ...
WHO CHOOSES THE ESCROW?
The choice of escrow agent is typically agreed upon by the buyer and seller. However, the specific preferences can vary ...
WHY DO I NEED AN ESCROW?
An escrow is essential because it serves as a neutral third party to ensure that all conditions of a ...
WHAT IS ESCROW?
Escrow is a financial arrangement where a neutral third party, known as the escrow agent, securely holds funds, documents, ...