Find the right information and know it is the most reliable available when you search for recently sold homes like 6123 N County Road 45, Medford, MN 55049 on realtor.comÂ®. Top Real Estate Markets in Minnesota
For escrows of computer source code, see source code escrow. An escrow is: a contractual arrangement in which a third party receives and disburses money or documents for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties, or.
With an escrow account, you pay the lender one-twelfth of your annual homeownerâs insurance and real estate tax bills every month as an add-on to your mortgage payment. Your lender then pays the tax and insurance bills in one lump sum.