In this PodCast from SoFlo Real Estate Show, I will discuss Mortgage Escrows and the three benefits for homeowners. Mortgage escrows are optional to homebuyers and actually preferred by the Lender. The Lender, who actually owns the home, reduces risk when a homeowner has a mortgage escrow account for both property taxes and homeowner's insurance. Homeowners benefit in 3 ways; lower interest rates, peace of mind and financial planning.
In south florida, home ownership can be a bit pricey - if you are not prepared. Mortgage Escrows give you the flexibility to make monthly payments vs balloon payments at the end of the year when budgets can already be a stretched.
Learn more about what Mortgage Escrows, practices and their benefits. Hear real life examples with Guest speaker Julianne Dinda of Radius Financial Group.

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