My Escrow Account Made Me Happy, For This Year
Posted on June 8th, 2009 by Student Loan News
Our mortgage is still more than 80% of our home’s value (and a higher percentage every day it seems, as the value of our home plummets, but that’s another story) so we’re required by our lender to have an escrow account through them to pay our homeowner’s insurance and property taxes. This isn’t a big deal, except that I’d rather handle the money myself, but I am patient enough to wait until we get our mortgage paid down to the appropriate level. In the past two years since we’ve owned our
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