Escrow is a process that provides for a fair and equitable transfer of property from one person to another. Hillsborough Title provides complete title, escrow, and settlement services throughout the State of Florida, representing buyers, sellers, and lenders.In this article, we'll provide you with a comprehensive guide to help you navigate escrow and real estate closings with confidence. Escrow is a legal arrangement when you are purchasing a home in which a third party (title company) temporarily holds money until a purchase agreement is met. Escrow protects the interests of all parties involved and provides a secure and transparent process for completing the sale. In Hillsborough County Florida, the seller pays for Title Insurance. The buyer has the responsibility of depositing monies into an escrow account before closing to cover any expected expenses related to the purchase of the home. The check is usually made out to the seller's attorney, who holds it for safekeeping in a separate account called an "escrow account. However, both the seller and buyer have to agree. For more precise results, you can adjust existing or add new expenses to the closing costs in the results section.