rsanchez1226
rsanchez1226
27.04.2020 • 
Business

You are an escrow officer in California. You open escrow for a
purchase transaction and meet with the buyer and seller.
The seller will finance all except the down payment and neither party
is represented by a real estate agent. The seller says to make the
escrow instructions as an AITD. The buyer asks to make the escrow
instructions as a wrap around mortgage.
Explain your response to the parties and tell them why.

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