Login | Register
GreatRealtyUSA
 HomeTestimonialsFind RealtorArticlesGlossary
What's up on the Realty market?Enter city or zip:
Real Estate prices last Quarter (USA).
Do you know what "Second Mortgage" means?
 
 

Real Estate Tips & News

Top articles:

My family decided to take a trip from Reno to Las Vegas to see how the real estate market was behavi...
» NV   » Real Estate news02/16/2012
 
From beginning to end the typical foreclosure in Kansa runs 147 days. Kansas is one of the few state...
» KS   » Foreclosure05/03/2008
 
Dallas is one of the most in-demand places to reside in all across Texas County, US. This is the cas...
» TX   » Rental property02/12/2010
 
South Florida real estate developer Martin Margulies has been sitting on prime ocean-front property ...
» FL   » Real Estate news03/15/2012
 
In Texas, both judicial or in court and non-judicial or out of court foreclosures are followed. As i...
» TX   » Foreclosure05/02/2008
 
» Read all articles

Escrow

A neutral third party holds other people’s funds in a secure account for future use. An earnest money deposit is held in a real estate broker’s escrow account. It is the broker’s account, but he is holding the buyer’s funds in the account for safekeeping until closing. In the case of a mortgage, the total monthly mortgage payment may include funds to pay for future taxes and insurance paid in addition to the principal and interest. This escrow is held by the lender until taxes and insurance are due, at which time the mortgage company pays the taxes and insurance on the borrower’s behalf. After the taxes and insurance are paid, the lender may re-adjust the total monthly payment to insure sufficient funds for future escrowed items.

See also:
  • Earnest Money
  • Easement
  • Eminent Domain
  • Equal Credit Opportunity Act
  • Equity
  • Equity Loan
  • Escrow
  • Eviction
  • Exclusive Agency Listing
  • Extension

  •  
  • Real Estate Glossary
  •  

      
     Real estate TOP:  •Chandler, AZ real estate 🍔 ⛽ ☕ 🎭 🛍 🦄 ☪ ✡ 🍏    •Gilbert, AZ real estate 🍔 ⛽ ☕ 🎭 🦄 🛍 ☪ ✡    •Austin, TX real estate ⛽ ☕ 🎭 🍔 🦄 🛍 ✡ ☪ 🍏    •Plano, TX real estate 🍔 🛍 ⛽ ☕ 🎭 🦄 ✡ ☪ 🍏    •Frisco, TX real estate ⛽ 🍔 ☕ 🦄 🎭 🛍    •Round Rock, TX real estate ⛽ 🍔 🛍 ☕ 🦄 ☪ 🎭    •Dallas, TX real estate ⛽ 🍔 ☕ 🎭 🦄 🛍 ✡ 🍏 ☪    •Sacramento, CA real estate ⛽ ☕ 🍔 🎭 🦄 ☪ 🛍 ✡ 🍏    •Tucson, AZ real estate 🍔 ⛽ ☕ 🎭 🛍 ✡ ☪ 🦄 🍏    •Houston, TX real estate 🍔 ⛽ ☕ 🎭 🦄 ☪ 🛍 ✡ 🍏    •Cedar Park, TX real estate 🍔 🛍 🦄 ⛽ ☪ ☕ ✡ 🎭 🍏    •Cary, NC real estate ⛽ 🍔 🎭 ☕ 🛍 🦄 ☪ 🍏 ✡    •McKinney, TX real estate 🛍 ⛽ 🦄 🍔 🎭 ☕ ✡ 🍏 ☪   

    (c) GreatRealtyUSA.com - all about real estate things and people. From cabin selling to residential brokerage.
    All rights reserved.
    Home  |    |  Realtors testimonials  |  Sitemap  |  952 ZIPs updated