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Closing on a home is a multi-party process that typically takes place over 4 to 6 weeks. During this time, you'll need to conduct inspections and secure a mortgage to finance your home purchase. In order to protect all parties involved, an earnest deposit and all paperwork will be placed in a third-party escrow account, which will prevent funds or documents from changing hands until the deal is complete. Escrow plays an important part in the closing process, and our real estate agents can help you understand why.
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