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Mens Room Escrow Account or not?

Oct 27, 2006 8:15 PM (17+ Years)
We have a small escrow account. It was part of setting up our mortgage, but of course the money in it does not come close to covering end of the year taxes.  Fortunately I hear they may be lowering Taxes in Pearland, due to enough Tax revenue from the appreciation of homes. 
Oct 14, 2006 12:04 PM (17+ Years)
I do not have a escrow account on my house. It seems to me that everyone I know starts off making a certain payment and then escrow jumps up a substantial amount because they anticipate more taxes in the coming year. If you know you can save your taxes yourself then I suggest you do that. You will get the interest no matter how much or little it is. Plus you know what your payments are going to be every month without any surprise letters coming in the mail.




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