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  • What Happens in Escrow?

    An escrow is an arrangement in which a disinterested third party, called an escrow holder, holds legal documents and funds on behalf of a buyer and seller, and distributes them according to the buyer's and seller's instructions. People buying and selling real estate often open an escrow for their protection and convenience. The buyer can ...
    Posted to Real Estate Blog LA (Weblog) by 402414 on April 2, 2008