Many people ask, what is an escrow account, and Open Money provides a clear explanation to help you make confident financial decisions. An escrow account is a secure holding place where funds are kept by a neutral third party until all terms of an agreement are met. It’s commonly used in real estate, loan payments, and large purchases to protect both buyers and sellers. By ensuring that money is only released when conditions are fulfilled, escrow adds a layer of trust and transparency to transactions. Visit- https://open.money/blog/escrow....-account-explained-t