Contact Us
  • Cathi & Ben Walter
  • Sales & Marketing Specialist, Realtor
  • 44530 San Pablo, Suite 101
  • Palm Desert, CA 92260
  • P: (760) 218 – 5752
  • F:
  • E: Cathi@DesertAreaHomeFinder.com
  • DRE# 01346930
  • Contact
Social Media
Subscribe to Desert Area Home Finder Blog Updates
A Message From Cathi & Ben...

We hear similar stories repeated in different ways from our clients; At first, they look forward to stolen weekend's to golf & relax in the desert - they gradually discover they're crafting ways to spend more time here until it becomes clear, life just doesn't get any better than this."

Once that realization hit's, the process of change begins... We know what an extraordinary commodity your home is - buying or selling a home can be one of the most important decisions you will make and having the right team on your side will make the difference.

We specialize in homes throughout the Palm Springs Valley including Palm Desert Real Estate & Homes, Indian Wells Real Estate & Homes, La Quinta Real Estate & Homes, Rancho Mirage Real Estate & Homes, Palm Springs Real Estate & Homes& Indio Hills Real Estate & Homes. Whether you want to buy or sell an estate, lock & leave property with income potential, a resort property, land to build your dream home, or a property located in a country club or golf community we know the desert and are here to help. Our motto, If its important to you, it's important to us, guides us as we help our clients buy or sell a home in the desert.

Thank you for visiting DesertAreaHomeFinder.com, we hope you find our site helpful and we look forward to speaking with you it's easy, just click on the picture of a cell phone in the upper right corner of this web site and it will ring our cell phone directly.

Personal Messages

What is Escrow?

What is EscrowWhat is Escrow?

What is Escrow, many of our out of area Buyers and Sellers aren’t quite sure what we mean when we say, we’re ready to open escrow.  Here is a brief introduction to the term and how an escrow account and the escrow officer serve the Buyer and Seller in a Real Estate transaction.
Definition:
A bond, deed, or other document kept in the custody of a third party, taking effect only when a specified condition has been fulfilled. To place in custody or trust.

What is Escrow

TitleOne, a title and escrow co. provides a clear and comprehensive explanation how escrow works.

An Escrow is a deposit of funds, a deed or other instrument by one party, (the buyer), for the delivery to another party, (the seller), upon completion of a specific condition or event.  It is an independent neutral account by which the interests of all parties to the transaction are protected.

When opening an escrow, the buyer and seller of a piece of property establish terms and conditions for the transfer of ownership of that property.  These terms and conditions are given to a third impartial party known as the escrow holder. The escrow holder is responsible for seeing that the terms are carried out.

The escrow is a store-house for all monies instructions and documents necessary for the sale of your home.  This includes the buyer providing funds for the down payment, and the seller depositing the deed and any other necessary documents.

An escrow provides all parties a guarantee that no funds or property will change hands until all of the terms and conditions have been met.

Comments are closed.

Get In Touch

  • Cathi & Ben Walter
  • REALTOR ®
  • 44530 San Pablo, Suite 101
  • Palm Desert, CA 92260
  • P: (760) 218 – 5752
  • E: Cathi@DesertAreaHomeFinder.com
  • CalBRE# 01346930

Connect With Us

facebook twitter linkedin youtube yelp
Virtual Results Theme Framework