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hi Dana Sparks broker of Maximum one grader Atlanta Realtors and this weeks contract tip has to do with an escrow agreement now there might be a situation in which the buyer and the seller choose to Escrow funds until a certain um contract negotiation uh issue has been performed or achieve for example repairs a lot of times the buyer and the seller negotiate for repairs and just for some insurance sake the buyer will ask the seller to Escrow a certain amount of money so that when they get to closing if the repairs have not been completed there are funds escrowed so the buyer can have the repairs completed from those funds and if they are completed then just release those funds back to the seller so instead of you having to write out a special stipulation um which may or may not cover the proper legal components for the dispersement of those funds and the holding of those funds and all of that information there is an escrow agreement already written for you in both the gar contract for
