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Joanne Amede's avatar

Third-party escrow services are not "referees." They only store money and don't resolve disputes. If a financial dispute arises, they may take legal action and deduct money from your account.

Therefore, never rely entirely on real estate agents or escrow services when buying a house. For crucial matters, always consult a lawyer and a home inspector separately!

Richard Jabbour's avatar

??? Escrow agents in florida do have certain powers under the law. They can resolve some disputes very quickly. Others they simply plead to the courts.