The paperwork! The money! The contracts! There is a lot involved in the home buying process that can make a first time home buyer nervous but in this first time home buyer series, Paul invites experts on to explain each step. In this episode, Vanessa Jimenez of Opus Escrow explains what first time home buyers need to know about escrow. There is a lot of money trading hands when purchasing a home and escrow protects all parties involved. Vanessa walks us through the escrow process and clearly explains the importance of each step and how Opus Escrow can assist first time home buyers.  The full interview is available on Paul Wards’ YouTube channel. Check it out and subscribe!   In this episode you will learn: 0:00 Introduction 0:54 What is escrow 1:28 When escrow becomes involved in the real estate transaction 2:10 How much do buyers typically put down 4:20 Escrow protects buyers against fraud 5:44 When the lender comes into escrow 7:28 The importance of a good relationship with your escrow agent 10:00 Escrow company’s responsibilities 10:36 Advice for first time buyers not familiar with the escrow process 11:42 The Opus Escrow difference 14:58 Vanessa Jimenez’s contact information   Get in touch! Vanessa Jimenez - Escrow OfficerOpus Escrow805-351-3494vanessa@opusescrowinc.com Have ideas for future episodes? We'd love to answer your questions - leave a comment! For any home buying or home selling needs in the Ventura County area of California, please reach out to Paul@HomeAndRanchTeam.com or visit www.HomeAndRanchTeam.com A special THANK YOU to our sponsors! 15 Minutes with Paul Ward would not be possible without the support of our sponsors, Opus Escrow, Karly Rosalez from The Money Store and Community West Bank. Supporting our sponsors ensures 15 Minutes with Paul Ward can provide listeners with the best possible episodes.