What Is the Difference Between Escrow and Escrow Accounts?
Point2Homes
JULY 28, 2020
The second type is normally referred to as an escrow account and is associated with your mortgage. Upon arriving at a purchase agreement, the seller and buyer are generally required to select an escrow service or agent, a neutral third party who will act as a middle-man to keep both parties protected. Here’s how it works.
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