Case of the TBD Escrow Agent
A dispute over a late escrow deposit centered on one missing contract detail: the seller never named the escrow agent. This case shows how leaving an escrow agent listed as “TBD” can turn a simple deadline issue into years of litigation and attorney fees.Categories
Recent Posts
Buyers increasingly look to co-buying to ease housing costs
Home buyers turn to AI to help with their search
Three factors that can help buyers secure lower rates
Hurricane Isaias recovery resources available
Small changes that can help agents stand out in any market
Fed minutes: Another rate hike likely this year to combat inflation
Average long-term mortgage rate rises 7th week in a row
Florida Realtors disaster fund ready to help
New appraisal reporting format calls for early preparation
Senators introduce bill to protect independent contractor status
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "