Saint Clair Homes

When entering into escrow, you aren’t planning on a cancellation. However, it can happen. If there is a cancellation, Escrow companies will hold onto any monies until there is a mutual cancellation by both parties involved. If for some reason the parties cannot mutually agree, the Escrow company may have to have the court decide. Most likely there will also be a cancellation fee charged by the escrow company for services provided up until the cancellation occurred. Find out more about cancellations and title insurance at: What About Cancellations?