Why am I paying escrow every month?
I don't understand why I have to pay escrow every month. What is the purpose of this payment? Is it a necessary expense or can it be avoided? I would like to know more about escrow and why it's charged monthly.
Are escrow fees usually split?
I'm wondering about escrow fees and how they are typically handled in a transaction. Specifically, I want to know if escrow fees are usually split between the parties involved or if they are paid by one party.
Can I deduct escrow fees?
I am wondering if it is possible to deduct escrow fees from my taxes or any other payments. I want to understand if there is a way to reduce the overall cost by deducting these fees.
How much are escrow fees today?
I'm wondering about the current escrow fees. I'd like to know how much they are today.
Are escrow fees refundable?
I'm wondering if escrow fees are refundable. I'm in the process of buying a house and have paid some escrow fees, but now I'm not sure if the transaction will go through. Can I get my escrow fees back if the deal falls through?