What is an Initial Escrow Deposit? An initial escrow deposit is a payment made during closing to establish your escrow account. This deposit helps ensure there are sufficient funds to cover upcoming property-related expenses like insurance and taxes.
What is an Initial Escrow Deposit? An initial escrow deposit is a payment made during closing to establish your escrow account. This deposit helps ensure there are sufficient funds to cover upcoming property-related expenses like insurance and taxes.
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