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Orgeon Title Companies

When a real estate purchase is made in Oregon, a consumer or business often seeks the help of Oregon title companies. These companies can aid with land purchases or building purchases. Often their main function is to hold the money in escrow.

When Oregon title companies hold money in escrow it means they are acting as a third-party to hold money. The buyer and seller do not exchange funds directly. Instead, the title company receives money from the buyer and gives it to the seller.

Oregon title companies also deal with escrows for banks. A buyer does not always make payment directly to a bank. Instead, the buyer may put his money in escrow. The title company may hold onto it and make payment for the mortgage to the bank.

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