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Updated about 4 years ago,
To escrow or not to escrow?
I'm in the middle of two refinances. Optional escrow. I'm curious how you all view escrow for taxes / insurance. I have about $22,000 a year that would be put in escrow. I would like to instead hold that money in either a high interest savings account or otherwise very secure liquid investment. Does anyone have any thoughts about this or experience with this? I currently own three properties.