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Updated about 4 years ago,

User Stats

60
Posts
14
Votes
Tone Church
  • Goshen, NY
14
Votes |
60
Posts

To escrow or not to escrow?

Tone Church
  • Goshen, NY
Posted

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. 

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