realestate
Real Estate

What is the Escrow?

Thu Mar 19, 2009 11:08 am
<<     >>
Comments: 0 Views: 127

Escrow is best known in the business of Real Estate. Mortgage Companies will set up an "Escrow Account" to pay property taxes, Insurance, Interest, Principal, and Home Owners Dues.

Typically homeowners will pay one twelfth of their yearly insurance, interest and property taxes by way of this escrow account.

A competent real estate attorney will be able to answer any questions regarding escrows.



Comments
Name:
*
URL: http: (ex. cnn.com)
Comment:
*
Number:
Math (13 + 5)
* required

© 2019 Christonium LLC

Christonium.com
|
Terms of Use
|
Privacy
ccc