Saturday School: What You Need to Know About Escrow

Couple Getting Mortgage
Photo by bernatets photo / Shutterstock.com

Do you know escrow? The funny-sounding word has been part of mortgage loan transactions forever. Yet, newbie homebuyers might not be familiar with the concept.

Watch this video, and you’ll learn why escrow can be an invaluable protection when making a major purchase — and why it builds trust in the entire process of buying and selling a home.

What advice would you give to new homebuyers? Share your thoughts by commenting below or on our Facebook page.

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

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