Rocker Peter Frampton will celebrate the 35th anniversary of the blockbuster Frampton Comes Alive! in a concert Friday.
Escrow and closing. Finally, you may hear someone refer to the âclosing of escrow.â Thatâs when your purchase is completed. A closing or âescrow officerâ will oversee the final paperwork and handle the exchange of funds and recording of deeds. This person, sometimes an attorney, will ensure that all the money is properly disbursed, that the documents are signed and recorded, and that all necessary conditions are met before closing the escrow.
It is then, several days after you signed the paperwork and deposited your money that your Realtor shows up with your keys and a thousand watt smile. The thing to keep in mind when considering the logistics involved in closing is that you will have nothing to do on the actual close of escrow date.