Jorge Chávez serves as Editorial Coordinator for the Vallarta Lifestyles Media Group. He brings his expertise in developing original content for the Vallarta Real Estate Guide print version and website. In his spare time, he explores different worlds and cultures through reading. You can reach him at email@example.com.
Escrow in Mexico: General Description and Frequently Asked Questions
By Jorge Chávez
Sep. 14, 2021
Simply put, an escrow account is used to ensure that funds from a real estate transaction change hands safely at closing. This is not its legal definition, but it is the rationale for its use. An escrow company is the neutral entity that holds and di...