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Escrow Hold Backs

Updated: Sep 25, 2023

Escrow Hold Back - is where a piece of real estate is purchased with money that the buyer or seller has put forward in escrow (from their own savings typically) until certain appraisal required (or wood destroying insect/moisture required, septic/well required, etc.) repairs that the seller is unwilling to complete have been done and that is then paid from escrow, usually within a few weeks of closing.

Why use an escrow holdback?

Compared to renovation loans

Typically under $10k

Amount Needed (50% Above Labor/Materials)

Some lenders don't do them.

Restrictions on what you can use them for

Some sellers will reject your offer even if an escrow holdback could work for a typical style loan.


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