1059 - Escrow: What Is It and How Does It Work? by Emily Benda Gaylord

Escrow is a key part of real estate transactions and mortgage agreements, but many homebuyers and homeowners aren’t familiar with escrow and how it works. Escrow protects homebuyers, sellers, homeowners, and even lenders with real estate-related financing—it supports those parties throughout the homeownership lifecycle. Let’s break down what escrow is, its role in real estate, and how it can be beneficial.  Learn more about your ad choices. Visit megaphone.fm/adchoices