by Answerbag Staff on September 22nd, 2003

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What is escrow?

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by mzkhadir on September 26th, 2003
Escrow is a service where a unsolicited party hold the money while a deal is going down. Escrow reduces the potential risk of fraud by acting as a trusted third party that collects, holds and disburses funds according to Buyer and Seller instructions. Escrow services are provided by a licensed and regulated escrow agent.
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What is escrow?

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