2min chapter

Real Estate Rookie cover image

268: Rookie Reply: Seller Financing, Squatters, and Is Becoming an Agent Worth It?

Real Estate Rookie

CHAPTER

How Does the Money Flow From Buyer to Seller?

The money just doesn't flow from you directly to the seller usually there's a third party in between in California we use high line escrow companies. As long as you go through title and escrow they're going to make sure that any debt or any any kind of leans anything against that property are paid off before that money actually goes to the seller. The way that it works is when you when the bank sends their check in for 80 thousand dollars they'reGoing to send that into title andEscrow escrow is then going to go to the seller and say hey mr seller this money is for the property that you're selling to rob.

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