Types of Escrow Accounts in a Real Estate Transaction:
Escrow plays a critical role in keeping real estate transactions secure, organized, and fair for all parties involved. But did you know that there are different types of escrow accounts used at various stages of the process?

In this blog, we’ll break down the main types of escrow accounts commonly used in real estate transactions, including:

Purchase Escrow Account – Managed by a neutral third party to hold funds (like the earnest money deposit) and documents until all contract terms are met and the sale closes.

Mortgage Escrow (Impound) Account – Set up by the lender after closing to collect and pay property taxes and homeowner’s insurance on behalf of the borrower.

Construction Escrow (if applicable) – Used when buying new builds or custom homes, where funds are released to the builder in phases as work is completed.

Holdback Escrow Account – Sometimes used after closing to temporarily hold funds for unfinished repairs or specific post-closing conditions.
https://sankalptitle.com/blog/....escrow-explained-ans

Understanding the Role of a Transaction Coordinator in a Property Sale

A smooth property sale involves more than just a signed contract—it requires careful coordination, attention to detail, and timely communication. That’s where a transaction coordinator comes in. This session explains the critical role transaction coordinators play in managing the administrative and logistical aspects of a real estate sale. From opening escrow and tracking deadlines to handling documents and communicating with all parties, they ensure nothing falls through the cracks.
https://sankalptitle.com/reale....state-sale-transacti