A deposit of money, valuables or documents with a third party for subsequent use. In real estate, escrow is commonly used during property transactions to hold funds, such as the buyer’s deposit, until all terms of the sale are fulfilled. The escrow agent ensures that both parties meet their contractual obligations before releasing the funds or documents. This process adds a layer of security and neutrality, helping to facilitate a smooth and fair closing.
Foreclosure.com Advantage:
At Foreclosure.com, we are driven by a mission — to streamline the journey of finding and purchasing distressed properties for our users across the nation. We understand both the challenges and opportunities presented by the real estate market. So learning is an essential part of investing and we equip you with tools and knowledge through how-to videos, insights from local area experts, and state-specific legal information. These resources are designed to empower you with the knowledge to make informed decisions, whether you're a first-time buyer or seasoned investor.
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