What Is Escrow in a New Hampshire Real Estate Transaction?
- Jim Johnson
- 3 days ago
- 2 min read
🏡 What Is Escrow in a New Hampshire Real Estate Transaction?
If you’re buying or selling a home in Plymouth, Campton, Thornton, Rumney, or anywhere in Central NH, you’ll hear the term “escrow” come up early in the process.
But what does it actually mean — and how does it protect you?
Here’s a simple breakdown.
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What Is Escrow?
In New Hampshire real estate, escrow is a secure, third-party account used to hold money and documents during the transaction.
Its purpose is to make sure both the buyer and seller are protected until all conditions of the contract are met.
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What Goes Into Escrow?
Here’s what is typically held:
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Earnest Money Deposit
The buyer’s good-faith deposit is held by the listing broker or closing attorney.
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Contracts, disclosures, and required addendums.
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Closing Funds
In some transactions, closing proceeds or payoff funds may move through escrow.
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How Escrow Protects Buyers
Ensures the seller cannot take your deposit without cause
Keeps your money safe until inspections, appraisal, and financing are completed
Prevents the seller from backing out without following the contract rules
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How Escrow Protects Sellers
Shows the buyer is serious and financially committed
Ensures the buyer can’t walk away without proper notice
Keeps the process structured and prevents delayed payments
⭐
When Escrow Ends
Escrow closes when:
All contingencies are met
Final documents are signed
Funds are transferred
You officially take ownership of the home
At that point, the escrow account is released and the transaction is complete.
Jim Johnson — Real Estate Agent
58 NH Route 25A
Wentworth, NH 03282
P: (857) 249-7392
Licensed New Hampshire REALTOR® with Three Hills Real Estate Services
Broker Email: info@ThreeHillsRES.com
Broker Website: www.ThreeHillsRES.com
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