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What is escrow?

Quick Answer

Escrow is a neutral third party holding funds or documents until contract conditions are met. Used at home closing (earnest money, down payment) and ongoing for mortgages (property taxes, insurance collected with each payment).

what-is-escrow
Warren Team
Updated December 1, 2025
34

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The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.

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