what is the escrow of a house 
escrow relating to buying a house is an account called the escrow account in which money from the potential homebuyer is deposited required escrow is generally 1 to 3 of the asking price for a home the money is required to ensure the buyer is seriously considering the home and has the funds to make the purchase in return the seller will usually take the property off the market and allow the potential buyer access to the home for inspections 