How Escrow Works When Buying a House
Point2Homes
DECEMBER 23, 2021
When buying a home, you’ll undoubtedly encounter the term “ escrow ” a few times. Escrow is when a third party holds onto a particular asset until certain conditions are met. However, if the seller breaks the terms of the contract, the funds can be returned to the buyer. Image: VGstockstudio / Shutterstock.com. Buyers Escrow.
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