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Real Estate Glossary
Welcome to our online Real Estate glossary. To search for a term,
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Escrow account:
An account that a lender or mortgage servicer establishes to hold funds for the payment of expenses such as homeowners insurance and property taxes. Also known as an impound account.
As defined by Inman
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See Also:
» Escrow analysis
» Escrow payment
» Servicer
The definition for Escrow account and
this glossary as a whole are presented to you as a courtesy of ForeclosuresMass.
For other terms, explinations, definitions and descriptions, please
visit our Glossary page.
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