Join Date: Sep 2010
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Escrow accounts for private purchase
I'm wondering if anyone could help me with this....I'm looking to buy a boat through a private seller and I'd like to make a deposit with them through an escrow account to secure the purchase and to ensure that our deposit doesn't "disappear." I can't find any information on setting up an escrow account privately, without a broker, and my bank only handles them for businesses. Anyone have any experience with this? Please help.
Thanks in advance.