Report Abuse

Escrow

Escrow is certainly protective of the prospective tenant's rental funds, but just be advised that many owners (even completely honest owners) will have NO part of using escrow services. Some owners understandably object to not receiving payment until AFTER the rental has been conducted. Accordingly, some owners simply will not even consider accepting escrow services, even if the tenant is paying the escrow fee. It's an individual owner choice and decision (just as it is a tenant choice and decision not to proceed at all if an owner declines to accept use of escrow). It can't hurt to ask, but know in advance that many owners will simply reject the use (and the payment delay) of escrow service, as is their right.