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.
An escrow account helps homeowners by allowing them to pay bills, such as property taxes and homeowners insurance, over a 12-month period, rather than in one lump sum. There are all kinds of âescrowâ you may encounter as a homebuyer.