Escrow Process: How does the seller get paid?

[Victor Barboza]

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?

[Kevin Grinstead]

Usually the seller can select a check or a wire transfer to their bank account. One the funds and docs are verified the money is trasferred to the sellers account. It is usually a same day process in Colorado or it could be the next day if the closing is after 5 p.m.