What is Escrow in a Home Purchase?

By | 2016-12-27T18:10:12+00:00 July 7th, 2016|Categories: Title & Escrow FAQ|Tags: , , |

If you’re purchasing a home, the terminology, paperwork and sheer number of steps involved in the home buying process can definitely be overwhelming. One term many people are unfamiliar with is “escrow.” What Does Escrow Mean? An escrow account holds money to be used to pay for expenses other than the mortgage payment. This can include [...]