Club Homepage Forums Classified Ads Buy & Sell - Airplanes Only Selling Aircraft Question

Let me see if I understand how the Escrow Service works.

1) The buyer sends a check to the Escrow Service.

2) The Escrow Service waits the required amount of time for the check to clear, then notifies the seller the money is there.

3) The buyer comes to inspect the bird, then notifies the Escrow Service to release the funds to the seller.

Is that how the Escrow Service works?

Thank you Hung!