What Should I Check in My Escrow Review?

What Should I Check in My Escrow Review?

An escrow review is a crucial opportunity to ensure your property tax payments are accurate and your lender is handling things correctly. Are you confident you know what to look for? This video demystifies the escrow review process, highlighting critical items you must check to protect your finances. In this essential guide, you will discover: ► The critical components of an annual escrow statement and what each section means for your mortgage. ► How to verify that your property tax assessments and payments are accurately reflected. ► Key red flags to watch out for that could indicate an overpayment or a potential shortage. ► Strategies for communicating with your lender if you find discrepancies in your escrow account. ► Tips for understanding how changes in your property value or tax rates impact your escrow. #EscrowReview, #PropertyTaxes, #MortgageTips, #Homeownership, #RealEstate