What is an escrow account? An escrow account holds funds slated for property taxes and homeowner’s insurance. Lenders require escrow accounts to ensure these costs are paid on time. A portion of the monthly mortgage payment goes into escrow. By Sarah Perrotti|2023-09-22T18:05:54+00:00September 22nd, 2023|Real Estate Terminology|0 Comments Share This Story, Choose Your Platform! FacebookTwitterRedditLinkedInWhatsAppTumblrPinterestVkXingEmail About the Author: Sarah Perrotti Leave A Comment Cancel replyComment Save my name, email, and website in this browser for the next time I comment.
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