I have had escrow explained to me three times just now by three different people and I still don’t quite get it.
In: Economics
That’s cause its fucking stupid, just another intermediary. It’s basically where they put money away for u, for when its needed. Like property taxes.
Meh, fuck dat, I’ll just pay when it’s due, as opposed to it just sitting there, in some, “account” without making ME interest/or me deciding how to actually “invest” it.
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