What Exactly Is An Escrow?


An escrow occurs when a neutral third party holds the documents and monies involved in a real estate transaction and ensures that all conditions of the transaction are met. Escrow also refers to a special account that a lender establishes to hold monthly installments from the borrower to cover property taxes and insurance.

 

What Does An Escrow Holder Do?
An escrow holder is a neutral third party who takes instructions based on the terms of the real estate transaction and, when necessary, the lender’s requirements.

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4165 De Mille Dr, San Jose, CA 95117

1737 Whispering Willow Pl, San Jose, CA 95125

878 Garland Dr, Palo Alto, CA 94303

 

Currently Sold

545 Sierra Ave, Mountain View, CA 94041

167 S San Antonio Rd, Los Altos, CA 94022

Tel: (408) 674-4418
Calbre: 01371905

Email: yvonne@yvonneyanghomes.com

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6957 Queenswood Way, San Jose, CA 95120

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