What Is Escrow?

Definition of an Escrow Escrow is defined as money, a title deed, property, or a bond placed into the custody of a third party on your behalf to be delivered to the parties of a contract once all conditions are fulfilled. What does that really mean? A real estate...
Escrow Basics

Escrow Basics

WHAT IS AN ESCROW An escrow is a deposit of funds, a deed or other instrument by one party for the delivery to another party upon completion of a specific condition or event. It is an independent neutral account by which the interests of all parties to the transaction...