Escrow is a type of real estate market management that lets you lock down your money until the seller can show proof of a purchase and make you whole.
If you want to use it, however, you’ll have to pay a fee to get it and you’ll need to be willing to share the cost of the escrow with the seller.
You can also buy escrow directly from the escrows website and use it to lock up money you don’t want to share.
Here’s how to use Escrow to secure your home or office.
Pros Can help protect you from money laundering and criminal activity.