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Back to Back Escrow

Back to Back Escrow

Back to back escrow involves arrangements that a property owner makes to sell one property and purchase another property at the same time. If the owner needs to sell the current home first, he or she can make a purchase offer on the new property that is contingent on the back to back closing of escrow on the two separate properties. The back to back escrow protects the party that owns the first home and is buying the second, but may be a negative factor for the person selling the second home, as the second home sale can fall apart if there is a problem with the closing on the sale of the first home.

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