Why Your Escrow Keeps Increasing Taxes, Home Value & What You Need to Know
Full Video: • Do You Really Need an Escrow Account Pros ... As home value increases and you build equity, property taxes often rise That means your escrow account may need more funding over time, leading to payment adjustments or unexpected increases In this video, Cory Grant & I explain: • Why your escrow payment may spike as your home value climbs • How appreciation benefits you long-term, but raises taxes short-term • Why property taxes change even if your mortgage rate stays the same • The role escrow plays in the overall homebuying process • Why understanding your escrow account is just as important as getting the keys • How agents often gloss over escrow in infographics—but buyers shouldn’t • How to make informed decisions at every step of purchasing a home Understanding escrow isn’t complicated—it’s powerful. The more you know, the smoother your homeownership journey will be. 📲 If you need help breaking down escrow, taxes, or your mortgage payment, I’m always here to help. #EscrowAccount #PropertyTaxes #HomeValueIncrease #MortgageTips #HomebuyerAdvice #RealEstateEducation #MortgageExplained #EscrowPayment #HomeBuyingProcess #BuildingEquity _ Contact us for your home purchase, refinance or home equity loan (HELOC). _ Edward Foy: H Mortgage ☎️281-304-6353 📩[email protected] https://www.htxmtg.com/lt Competitive Pricing, Quick Approvals & Closings NMLS 310856 / 218762 _ 🔔Subscribe: / @homeqnet 👉Apply Now: https://www.htxmtg.com/apply 👉Reviews: https://www.htxmtg.com/reviews _ We do not accept any liability for loss or damage incurred as a result of any of our publications. Information is for educational purposes. Consult with an attorney, CPA, or financial professional for specific advice. Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use. © The Home Equity Network, H Mortgage.
