Why did escrow go up?
I noticed that the escrow amount for my property has increased recently. I'm wondering what factors could have contributed to this rise in escrow.
What 3 things does escrow include?
I'm trying to understand the concept of escrow and specifically, I want to know the three main elements or components that are typically included in an escrow arrangement.
Do you still pay escrow after a mortgage is paid off?
I have paid off my mortgage completely, and now I'm wondering if I still need to continue paying escrow for property taxes and insurance.
Why am I paying so much in escrow?
I don't understand why my escrow payment is so high. Is there a reason for this large amount? I would like to know what factors are contributing to the escrow cost.
Do you get your escrow money back?
I'm wondering if I will receive the escrow money I put in back. I'm not sure about the process and whether or not I'm eligible for a refund.