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What Does It Mean To Escrow Taxes And Insurance?

August 16th, 2010 · Comments Off on What Does It Mean To Escrow Taxes And Insurance?

The fiscal responsibility of a homeowner extends beyond the mortgage’s basic principal and interest repayments. Homeowners are also responsible for the real estate taxes on the home and its insurance premiums, too.

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Tags: Budgeting · Mortgage Lending · Real Estate