If you've ever made an informal bet with a friend, you may have asked a third person to hold the money until the wager was resolved. When you take out a mortgage to buy a home, you're doing something similar by opening an escrow account.
To find out more on how escrow works, its purpose, how it benefit's you and more visit here and read the full article.
If you are looking for even more information about escrow, you can visit here
and learn the principles and practices of escrow. 
No comments:
Post a Comment