Why Your Escrow Account had a Mortgage Payment Increase: First Time Home Buyers and New Real Estate Investor Tips

Why Your Escrow Account had a Mortgage Payment Increase: First Time Home Buyers and New Real Estate Investor Tips

As a first time homebuyer or new real estate investor, the term escrow account will come up. However, what is an escrow account and how does it work? Many new home owners or those getting into real estate investing, who are funding their purchase with a loan, will have an escrow account. However, they often don’t know what to expect. […]