Divorce Mortgage Planning Minute - The Escrow/Impound Account
Автор: Marc Edelstein
Загружено: 2024-02-28
Просмотров: 39
Описание: If your mortgage has an escrow account and you pay off that loan, whether through a refinance or sale, the balance of that account will be returned to you. The check will be made payable to those on that mortgage, possibly your former spouse will need to sign that check, if they were on that mortgage. Sometimes these accounts have several thousand dollars in them, property taxes and homeowners insurance are not cheap, and you want to be sure that there is a process in place for when that check gets issued.
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