- Real Estate TaxesEscrows are payments you make to a bank for the purpose of paying your real estate taxes, homeowners (hazard) insurance, and other payments associated with home ownership i.e. flood insurance, and private mortgage insurance, if applicable. The lender that services your mortgage (who you make your payments to) is responsible for the timely disbursement of escrow funds. For example, paying the local county taxes when they are due.
- Income Tax
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