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Save Escrow Agreement Template in PPR

Save Escrow Agreement Template in PPR

Aug 6th, 2022

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How to Save Escrow Agreement Template in PPR

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In this weekly Q&A video, Todd Tremonti of Market Experts Realty addresses the question, "What is an escrow account?" He explains that an escrow account is a neutral bank account that holds funds during a real estate transaction. Typically managed by title companies in Texas, it often contains earnest money—funds from the buyer held until the transaction is completed. The purpose of an escrow account is to securely manage these funds between the buyer and seller, ensuring that all parties adhere to the terms of their agreement. Tremonti mentions that a separate video discusses earnest money in more detail.

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