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Are escrow companies normally used in Panama for Real Estate transactions?

April 26, 2017companies escrow panama Real Estate transactions Used

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Are escrow companies normally used in Panama for Real Estate transactions?

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In Panama escrow services are still is in nascent stage. But with more foreigners investing in real estate sector who are familiar with escrow services, it is becoming a standard these days in real estate transactions. The term “escrow” is becoming increasingly popular in Panamanian realtors.