Edit note in the Escrow Agreement Template effortlessly

Aug 6th, 2022
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How to Edit note in the Escrow Agreement Template

4.6 out of 5
50 votes

hey there matt the mortgage guy im creating a video today to talk about how escrow accounts work trust me when i tell you this is such a common question if its a question you have and youre confused at all please rest assured tons and tons of people have this same question even when i explain it im trying to do my best to explain it the best way i know how its its a hard concept to kind of understand so if youve got questions about this hopefully the video helps if not please give me a call but this is how escrow accounts work now first and foremost an escrow account is basically a savings account held by the mortgage company to pay your property taxes your insurance and your mortgage insurance and when i say the first insurance im talking about hazard insurance homeowners insurance so the mortgage companies holding a bunch of your money with an escrow account and then twice a year theyre paying taxes to the county once a year theyre paying a one-year homeowners insurance bi

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