For example, if it’s a house being purchased, a close property
Notably, Cashback at Escrow occurs mostly when the property to be purchased has some faults which apparently need fixing before the buyer takes occupancy. For example, if it’s a house being purchased, a close property inspection may reveal that there might be issues with the sewage or plumbing system. In such a situation, not many sellers are willing to go back and repair the broken systems. Even those that offer to repair the bad sectors of the property, prior to completion of sales, may not be that dedicated in their repair work. The best solution therefore, in such a situation is to grant the buyer a Cashback at Escrow, when the Escrow account is about to be closed. So what happens is that the client will be paid some money or a certain percentage or discount is cut off from the total buying price of the property. so you can choose such options which can help you to get some cash back return.
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