Escrow accounts are a type of savings account, in which money is kept to pay property taxes and insurance. When working with lenders like Stephen R Buzzi, they will open the account for you and explain how the whole system works. Furthermore, if you keep up with your agreed payments for a set period of time, you may be excused from having to make further payments into the escrow. It is also possible that you have an escrow account because that was simply part of your agreement. In that case, it will remain in place until the seller has fulfilled…
How Do Escrow Accounts Work?
