Escrow Explained
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About this listen
In this episode of Maine Mortgage Minute, Alina Burke explains the concept of escrow accounts, their benefits, and how they work in the context of home financing. She discusses the importance of escrow in managing property taxes and homeowners insurance, and how it can help homeowners budget for these expenses. Additionally, Alina addresses common questions about escrow shortages and the options available to homeowners in such situations, emphasizing her commitment to making homeownership accessible and stress-free.
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