I never have escrow with my mortgage.
I prefer to pay property taxes and insurance directly. It’s easier and I get to invest the cash instead of it sitting in an escrow account doing nothing for me. It’s also more work to have an escrow account, since I have to make sure the escrow balance is correct.
I prefer to pay property taxes and insurance directly. It’s easier and I get to invest the cash instead of it sitting in an escrow account doing nothing for me. It’s also more work to have an escrow account, since I have to make sure the escrow balance is correct.