People use the escrow process in the international trade, stock market and, most commonly, real estate arenas. Prospective homeowners go through the escrow process when they close on the sale of a ...

An ‘escrow’ is one of the many technical jargons you’ll encounter when making a home purchase. Although escrow may sound like a foreign term because it’s typically lumped together with other legal ...

An escrow account, also known as an impound account, is a holding area for assets that can be traded, such as money or stocks. In the case of real estate, a lender might require higher-risk borrowers ...