In Escrow
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 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. |
Related Definitions
Articles Of Interest
-
Top Tips For First-Time Home Buyers
Follow this step-by-step guide to make your homeownership dreams a reality. -
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. -
10 Worst First-Time Homebuyer Mistakes
These errors could wind up costing you more than the coveted key to your first home. -
Understanding The Mortgage Payment Structure
We explain the calculation and payment process as well as the amortization schedule of home loans. -
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. -
How To Keep Costs Low When Refinancing Your Home
With interest rates still being relatively low, now is a great time to capitalize on refinancing your home. Be aware of what fees are involved in a refinance, and how to keep these costs low. -
To Rent Or Buy? The Financial Issues
Thinking of buying a home? We look at the initial and ongoing costs, as well as the so-called benefits. -
Helping Clients Navigate Short Sales And Foreclosures
Both buyers and sellers can benefit from a real estate professional experienced in dealing with short sales and foreclosures. -
A Day In The Life Of A Real Estate Agent
While every day is unique for a real estate agent, there are some activities that may be a typical part of an agent's day. -
Understanding The Case-Shiller Housing Index
This index is a widely-used and respected barometer of the U.S. housing market and the broader economy.
Free Annual Reports