In Escrow

Dictionary Says

Definition of 'In Escrow'

An item such as money or a piece of property that has been transferred to a third party with the intentions of delivery to a grantee as part of a binding agreement. Valuables in escrow are delivered, generally by an escrow agent, to a grantee upon satisfaction of outlined terms.
Investopedia Says

Investopedia explains 'In Escrow'

Escrowed items are most commonly found in real estate transactions. Property, cash and the title to the property are often held in escrow until all specified conditions are met, and transfer of ownership can occur. Lawyers will most commonly act as escrow agents in such situations.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Escrow Agent

    An entity that ...
  2. Escrow

    A financial ...
  3. Escrow Agreement

    A legal ...
  4. Deed

    A legal document ...
  5. Air Loan

    A mortgage fraud ...
  6. Unsecured Loan

    A loan that is ...
  7. Equity Takeout

    Taking money out ...
  8. Lien

    The legal right ...
  9. Underwater Mortgage

    A home purchase ...
  10. Equity Stripping

    The process of ...

Articles Of Interest

  1. Should You Buy A House At Auction?

    The traditional real estate market isn't the only place to conduct your home search. Auctions also bring many buying opportunities.
  2. Understanding The Mortgage Payment Structure

    We explain the calculation and payment process as well as the amortization schedule of home loans.
  3. Top Tips For First-Time Home Buyers

    Follow this step-by-step guide to make your homeownership dreams a reality.
  4. 10 Worst First-Time Homebuyer Mistakes

    These errors could wind up costing you more than the coveted key to your first home.
  5. 10 Hurdles To Closing On A New Home

    It's the biggest purchase of your life - find out what can go wrong before you even close the deal.
  6. The Alphabet Soup Of Credit Derivative Indexes

    Find out how these instruments work and how they are used in the market.
  7. The Income Property: Your Late-In-Life Retirement Plan

    You're nearing retirement age and you don't have the nest egg you need. Here's how an income property can help you make up the shortfall.
  8. Moving Up: Dream House Or Money Pit?

    If you are upgrading your home, here are some things you'll need to know so you don't spend more money than you need to.
  9. Taking Advantage Of Property Tax Abatement Programs

    Increase your home's value without increasing your property taxes.
  10. Avoid The Monthly Payment Trap

    Low monthly payments are easy on the wallet. However, interest and other fees lurk just below the surface.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center