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Author Topic: How does escrow works?  (Read 460 times)
waterpile
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June 26, 2014, 12:03:02 AM
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is there someone bored or have a free time to briefly explain it to me. thanks
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AirC
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June 26, 2014, 12:19:50 AM
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Its just a third party member who holds the funds, until both sides agree.

Heres a perfect example:

www.escrow.com
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June 26, 2014, 01:44:49 AM
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Just like the person said above, its usually a trusted member like John K.

Who holds the funds, based on the agreements etc. Then funds are released with the okay sign with the buyer.

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