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What is Escrow?

During the home buying process, your money will be placed "in escrow" and is protected by a third party until the real estate transaction is closed.


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jerry
jerry
Mar 22, 2023

Your funds will be kept "in escrow" during the property purchase process, where they will be secured by a third party until the deal is finalized.


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Peter Bately
Peter Bately
Mar 21, 2023

A third party temporarily keeps money or property in escrow, a legal arrangement, until a certain condition, such as fulfilling a purchase agreement, has been satisfied.

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jone martin
jone martin
Mar 16, 2023

I am also don't know the Escrow, But When I read it then I came to know that is a legal agreement whereby a third party holds funds or property until a specific condition is met.


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