Many new homeowners are shocked when they realize their mortgage includes an escrow account—and even more surprised to learn they don’t actually need one. Lenders often require escrow to cover property taxes and homeowners insurance, but did you know you can opt out in some cases? In this video, we break down what escrow accounts really are, how they impact your mortgage payments, and when you can avoid them. Don’t get caught off guard—know your options before buying a home!
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🍕 Disclaimer: Neither this video nor any content produced by Rudy Martinez should ever be considered investing advice or official financial advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. All content is created for educational and entertainment purposes.
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