Navigating the Escrow Deposit Documentation

Melissa Nichols
MortgageWorks
Published in
May 8, 2024

Ah, the escrow deposit. It’s one of those things that most people don’t really think about until they’re in the middle of a real estate transaction. But as someone who’s been there and done that, let me tell you — properly documenting your escrow deposit is crucial.

First things first, let’s talk about proving where your escrow deposit funds are coming from. This is where your trusty bank statements and canceled checks come into play. When you’re submitting an offer on a home, you’ll typically need to include an earnest money deposit to show the seller that you’re serious about the purchase.

Would you like to read more? Please visit our blog- https://www.mwloan.com/blog/navigating-bank-statements-for-coachella-valley-real-estate-transactions
Or give us a call: (760) 883–5700

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