Understanding What Escrow is and How it Works (

As a homebuyer, there are actually two different times you’ll be dealing with escrow. The first takes place during the home buying process. Escrow starts with your purchase offer on a home and ends when you close on the house. The second escrow period kicks in once you’re a homeowner. This is a contractual agreement that begins after you close on your home and ends once you’ve paid off your mortgage or refinance with another lender. We’ll take a look at both types of escrow and how they work below. 

Subscribe to our Newsletter

The best content delivered directly to your inbox.

Snapchat Billionaire Bobby Murphy Drops $14.5 Million on the Manhattan Beach Strand (

Andre Agassi Lists One of Several Las Vegas Homes (