<h2 class = 'uawtitle'>Why Do You Need An Escrow Service When You Make An Online Purchase</h2><br />
<div style='font-style:italic;' class='uawbyline'>by Maria Stone</div><br /><br />
<div class='uawarticle'>People of all ages have discovered how convenient and fast it is to click to select goods, add them to a cart, and pay for them at checkout, all without leaving their favorite armchairs. Most of these consumers are also very concerned about security and legitimacy. The best way to ensure the purchaser gets her merchandise and the retailer gets paid is to make use of an <a href="www.exectitleagent.com/about.html">escrow service</a>.<br />
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Trust accounts are nothing new. Real estate companies have been required to hold earnest money in them for many years. If you have ever bought real estate you know that a down payment is necessary. The money you tender goes into a special account and is held there until the closing. At closing your down payment will be applied to your purchase price. Most people believe the seller automatically gets your money when you pay for something online. Very often it goes to an escrow agent instead.<br />
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When escrow agents are used, the buyer's payment goes to that company to verify the funds and hold them until the purchaser receives her merchandise. The company notifies the seller that the funds are good, and the retailer releases the merchandise. Once the buyer receives her package, she inspects and accepts it. Only then is the money released to the seller.<br />
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This process works for payments that are large or small. If you have decided to purchase a vehicle online, the company will do more than hold your funds until you pick up the car. It can work with you on titles, liens, and shipping documents. There are a lot of online scammers selling jewelry. If you are purchasing an expensive piece, you don't want the seller paid until you have verified the authenticity.<br />
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Buying guns online requires special care. Buyers need to know that the funds are in a safe place and their firearms are being tracked. These companies will hold money for small, as well as large, purchases. It can save everyone a lot of time and trouble if a separate party holds the money for a purchase.<br />
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Using one of these services has a lot of benefits for buyers. As soon as they purchase something, they know their money is being held by a third party instead of going directly to the seller. The service keeps track of the merchandise while it is in in route. You have a chance to inspect the item, verify that is it what you bought, and accept it. The retailer doesn't get paid until you give your approval.<br />
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The service has a lot of advantages for sellers as well. They don't release the merchandise until funds actually get into escrow. That way the retailer doesn't have to worry about charge backs. They know the funds are being held until receipt by the purchaser. When the seller accepts the merchandise, and the funds are released, the transaction is complete.<br />
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Buying merchandise online is a huge convenience. It's also a great way for sellers to move their product. With a third party holding the funds, everyone is assured of a successful transaction.<br />
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<div class='uawlinks'>When you are searching for information about <a href="http://www.exectitleagent.com/about.html">escrow service</a>, come to our web pages today. More details are available at http://www.exectitleagent.com/about.html now.</div><br />
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