If you are in the market of buying a home, you probably hear the word “escrow” in a few different contexts. In today's blog, I will review the meaning and how escrow works. What is Escrow? Escrow is a legal arrangement in which a third party temporarily holds money or property until a particular condition has been met (such as the fulfillment of a purchase agre...
- calendar_month November 15, 2022
- category real estate terms
- post escrow
