Think of the escrow agent as a referee; they keep things fair by managing the funds, documents, and ensuring everything goes smoothly until the deal closes.
You can change the escrow instructions, but you'll need approval from everyone involved in the transaction to avoid any hiccups.
Typically, the escrow period lasts around 30 to 60 days, but it can vary depending on the deal and what the parties agree on.
Only the people involved in the transaction, like the buyer, seller, and their agents, get to see the escrow instructions. It's private stuff!
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