Escrow in Real Estate

-We 1.____ our house! We did it!

-Hey. Don’t get too excited because you haven’t sold it yet. You’re in 2.____.

-What’s that bullshit? Are you trying to fuck us up? What are you talking about?

-I asked you months ago if you understood what escrow was and you said yes.

-Just say one more time, so you know, just refresh our memories.

-It’s very simple. Escrow is a thirty-day period when the buyer of the new house gets to do 3.____. Assuming everything goes well and nothing changes with the living situation, and you know, spook them or something, you close, okay?

-So, wait! Do we have an escrow on the other house we just 4.____ in the summer?

-You have no escrow on that house.

-What? What? No!

-Because that house had multiple 5.____ and you screamed at me “Do whatever you have to do get that house”.

-Yeah, I remember that.

-So I did it. You have no escrow there and then I asked you three times “Do you understand what escrow is?” and once again you just nodded. Just like you’re right now. This is how the real estate crisis happened.