06/02/2026
Mortgage Term of the Day:
🔐 Escrow is a neutral third-party account that holds funds during a real estate transaction.
💵 It safely holds things like:
✔️ Earnest money
✔️ Down payments
✔️ Property taxes & insurance (after you own the home)
📑 The escrow company ensures everything is in order before money changes hands—so both buyer and seller are protected!
Jim Harrington | Keller Williams
[email protected]
(813) 833-0808