How much does it cost to open escrow account?
Opening an escrow account usually includes paying a registration fee that is dependent on the size of transaction your are opening the account for. In other terms, the opening fee is a percentage of the deal you are planning to make via that account. In some cases, the sum is also dependent on the type of object sold. Additionally, a bank may require any number of charges - from processing fees to payment type fees. We advise to contact our agents beforehand in order to gather information about the specific bank you are interested in.