I am a reporter for a nationally syndicated real estate section published weekly in newspapers across the country. I’m looking to interview real estate agents, brokers, lenders, mortgage experts, property attorneys and other housing experts for the following article:
UNDERSTANDING ESCROW. The word "escrow" can be a confusing one, meaning different things during a real estate transaction. There's an "escrow account" you create with your lender; there's the earnest money check you place in "escrow"; and there's even an "escrow officer" who can be involved in the "closing of escrow". This article would explain the differences to readers and help prospective buyers/borrowers better understand how the escrow process works. Below is a list of questions I’m seeking answers to for this story. Please e-mail me back your interest, availability and phone number. My deadline is noon central time, Friday, Sept. 19.
1. What are the different types of “escrow” involved in a real estate transaction, and how are they related and different from one another?
2. Why is it important for buyers/sellers to understand what “escrow” means and how it works for each different definition?
3. Has the escrow process changed at all or become more complicated in recent years, lending to the confusion behind this term in any way? How/why?
4. What are your recommendations regarding escrow and dos/don’ts related to this topic that buyers/sellers should consider carefully and why?
5. Can you relate a personal example that underscores this topic/trend from your experience (e.g., a client who was confused by escrow and learned the hard way)?
6. Any other thoughts, tips, suggestions on this topic that I failed to ask about?
7. What is your full name, title, company, and location where you are based?
Keywords
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