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Updated over 6 years ago, 05/08/2018

User Stats

37
Posts
7
Votes
Victor Barboza
  • Flipper/Rehabber
  • Phoenix, AZ
7
Votes |
37
Posts

Escrow Process: How does the seller get paid?

Victor Barboza
  • Flipper/Rehabber
  • Phoenix, AZ
Posted

I have a lead that I've been working with. He reached back out to me this morning, but had questions. He was asking how exactly the "money transfer" works. I'm still fairly new to this, and this is my first actual deal by myself, where I don't JV it. So in simple terms how exactly does the closing escrow process work? And how long will the seller have to wait until they actually receive the money?

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