Escrow Closing

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January 1, 1 6 min read Definitions

Escrow Closing Real Estate Transactions Deeds of Trust Mortgages Escrow Agent Title Company Real Estate Sale

Escrow Closing refers to the final phase in a real estate transaction, particularly in states that use deeds of trust instead of mortgages. During this phase, an escrow agent or title company holds onto necessary documents and funds until all conditions of the sale are met.