Time is an important resource that every company treasures and attempts to transform into a gain. When picking document management application, pay attention to a clutterless and user-friendly interface that empowers users. DocHub gives cutting-edge tools to maximize your file management and transforms your PDF file editing into a matter of a single click. Insert Calculations to the Escrow Agreement with DocHub in order to save a lot of time as well as increase your productivity.
Make PDF file editing an easy and intuitive operation that helps save you plenty of precious time. Quickly alter your documents and send them for signing without adopting third-party solutions. Give attention to pertinent tasks and boost your file management with DocHub right now.
[Applause] [Music] hey folks Todd Tremonti here with market experts Realty in the Tatra Monty home selling team with another weekly QA video this week our question is what is an escrow account now this word escrow gets used a lot throughout a purchase or sale or even an investment transaction and it can be used in a few different ways today were going to focus on this idea of an escrow account and Ill give you a little bit of context around kind of when that would be used and why but the short answer to the question is an escrow account is a bank account that holds funds in sort of a neutral third party type situation in Texas most escrow accounts are really managed through title companies in a residential transaction and its where money like earnest money would be held now we have another video on what is earnest money so I wont get into that too much but its money thats being held kind of in between the buyer and the seller and and those funds whats done with them is dictated