What is in an escrow account?
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Works at the International Telecommunication Union, Lives in Geneva, Switzerland.
An escrow account, sometimes called an impound account depending on where you live, is set up by your mortgage lender to pay certain property-related expenses. ... Sometimes, escrow accounts may also be required by law. Your property taxes and insurance premiums can change from year to year.
2023-05-09 23:43:37
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Olivia Clark
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An escrow account, sometimes called an impound account depending on where you live, is set up by your mortgage lender to pay certain property-related expenses. ... Sometimes, escrow accounts may also be required by law. Your property taxes and insurance premiums can change from year to year.