The Treadstone Funding Guide To Navigating Loans In Need of Escrow Repair What is Escrow Repair? Escrow Repair Service is sometimes used to expedite loan closings for properties that require repairs to meet lending requirements. The buyer or seller can put money in escrow that will ensure the completion of the required repairs. This money is held in an escrow account at closing until the necessary repairs are made and the house is up to code. This allows the loan to close and the work to be completed after closing. This protects the buyer and seller as the work is done.
