Escrow accounts are usually required because liens —most commonly called municipal liens or tax liens— can result if taxes are not paid in full. These liens can overrule an owner or lender’s interest in the property and mean that the town can actually take your property and sell it at auction for back taxes owed. Insurance is equally important as few people could pay out of pocket to … (0 comments)
My blog is all about mortgages and real estate with a spattering of community specific information about Cambridge, Minnesota, Isanti County, or surrounding areas. I will also have a few blogs about being a Mom in Real Estate and other personal items, but will only post to those specific groups. I hope you enjoy reading the spillage of my brain.
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