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What Does It Mean To Be Held In Escrow?

January 24, 2024 by Ahmed Ali

What Does It Mean To Be Held In Escrow? What does it mean to be held in escrow? Escrow is a legal arrangement in which a third party temporarily holds money or property until a particular condition has been met (such as the fulfillment of a purchase agreement). Is being in escrow a good thing?

Categories Finance and Business Tags escroue, escrow, escrow shortage, monthly payments, mortgage

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