Account Management

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January 1, 1 7 min read Definitions
Tax and Insurance Escrow
Tax and Insurance Escrow Mortgage Property Tax Hazard Insurance PITI Account Management Real Estate Terminology Homeownership
A tax and insurance escrow account, often required by mortgage lenders, is used to fund annual property tax assessments and hazard insurance premiums for the mortgaged property. This account is funded through monthly contributions by the mortgagor.
Read more about Tax and Insurance Escrow.

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