Quote:
Originally Posted by Goldberg Global
Simply gives a third party account to put funds into whilst paperwork is being looked at. It protects buyer from losing money, shows developer client is serious. Escrow Agent or BANK has money in their account.
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How does the developer get the money.
How much does it cost to use Escro agent or Bank
Is it really needed if there is a staged payment plan over 1 to 2 years.
Does this not imply a serious lack of confidence in the Agent / Developer.
Is it this used very often in:
- Egypt
- other countries
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