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In this video, Xavier V Tania discusses the second part of a three-part series on common mistakes in real estate. Specifically, he focuses on three working mistakes to avoid when in escrow. Escrow is explained as the phase when a home is under agreement between the seller and buyer, following the active phase where the property is for sale. The video aims to help viewers understand this critical step in the home-buying process and ensure they navigate it successfully while avoiding pitfalls. The series is designed for those looking to accomplish their home goals in Phoenix, Arizona.