The words "escrow" and "escrow accounts" refer to two slightly different concepts. Escrow is the process by which a neutral third party mediates a real estate deal, holding money and property "in escrow" until the two sides agree that all the conditions are met for a sale to close. By contrast, an escrow account is usually an account that h...

• calendar_month April 8, 2021
• category Buyers
• post Buyers, Earnest Money, Escrow, Homebuying, Homeownership