The money is held in escrow….what does that even mean?

Terms, Tips & Tricks for Real Estate- Episode 20: Escrow When an offer is made on a home, there is often times, Earnest Money placed down on the home. That money is held in Escrow. In Episode 20 we discuss who holds the money, and how it impacts the decision process. Real Estate Terms, Tips and Tricks is a weekly video series where I take a term or concept from the world of real estate, unpack it and present it in a way that is easily understood. You can always find more info on my blog and web site over at There you will find a host of information about the world of real estate along with a hyper local focus on Real Estate in the Albemarle Area. From Camden, Currituck, Pasquotank, Perquimans and Chowan county, I cover not only the local real estate market, but give you an insider view from a true local. Be sure to like and subscribe (and please share them with you friends who may also find value in them). I’m standing by when you ready to get moving! Chris Whitehurst Inner Banks Real Estate Group 252-312-2263