Escrow & Title
In Washington, the escrow closing process is initiated by:
AThe listing broker filing the purchase agreement with the DOL
BThe parties opening escrow by depositing the purchase agreement and earnest money with the escrow company✓ Correct
CThe county auditor approving the transaction
DThe lender ordering the appraisal
Explanation
Escrow is opened when the parties submit the fully executed purchase agreement and earnest money to the escrow company. The escrow company then begins processing the transaction according to the purchase agreement's requirements.
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