Escrow accounts: What are they and why do they matter?
- gamamarketingco
- Aug 7
- 1 min read
If you’re buying a home and getting a mortgage, chances are your lender will require an escrow account to cover your property taxes and insurance.
But did you know there may be ways to waive it under certain conditions? Before you decide, it’s important to understand how escrow works (and the pros and cons of managing these payments on your own). Tap the article below to learn more!
Rising taxes and insurance in 2024 have made escrow accounts even more important to understand.
Have questions? I’m always happy to help break it down for you.
For more information on Escrow accounts, click the link below:
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