escrow: Are You Paying Too Much Into Your Escrow Account?
- 05/01/11 03:18 AM
Most of my blog posts are a direct result from my day to day experiences as a real estate broker, and those of my clients. These are real life scenarios, which can be of benefit to others who read the blog. Something that is occurring more often of late, are my clients who report overpayment into their escrow account. Last week, my lender contacted me, to let me know my escrow account will be lowered, thus lowering my monthly payment. What Is An Escrow Account? An escrow account is used to collect and hold money, to pay for property taxes, homeowners insurance, … (14 comments)
Most of my blog posts are a direct result from my day to day experiences as a real estate broker, and those of my clients. These are real life scenarios, which can be of benefit to others who read the blog. Something that is occurring more often of late, are my clients who report overpayment into their escrow account. Last week, my lender contacted me, to let me know my escrow account will be lowered, thus lowering my monthly payment.
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