I picked up a couple of interesting bits of news this week about the economy. Thought I would share: Last week's Pending Home Sales index from the National Association of REALTORS® (NAR) went up 7.3% in November, the highest level since April of 2010. The 2010 numbers were pumped up because of ... » Learn More about In the News… Economic Tid-Bits
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What is Escrow?
My clients that are buying and selling homes in the Corvallis and Albany areas frequently, ask "What is escrow?" In general, "escrow" is the neutral third party that holds instruments (deeds or other documents that convey ownership); funds (or other items of value); or evidence of title for real ... » Learn More about What is Escrow?