Tax Guru-Ker$tetter Letter
Monday, January 15, 2001
Escrow Rules
If you buy or sell real estate in different parts of the country, it is often confusing as to who normally handles the actual closing and who pays for certain of the closing costs. I was just notified of this handy summary of the procedures for each state. In fact, it even shows different procedures for Northern & Southern California, reinforcing my long-held belief that they are essentially two different states.
KMK