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Updated almost 18 years ago on . Most recent reply

Mike Mitchell's profile image
Mike Mitchell's profile image
Mike Mitchell
  • Real Estate Investor
  • from Lubbock, TX
  • Member since Jan 29, 2008
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Mike Mitchell's profile image
Mike Mitchell's profile image
Mike Mitchell
  • Real Estate Investor
  • from Lubbock, TX
  • Member since Jan 29, 2008
Connect
Mike Mitchell
  • Real Estate Investor
  • Lubbock, TX
10
Votes |
182
Posts
Tax Liens & Mortgage Notes

seller financers do you escrow for taxes and insurance?

Mike Mitchell
  • Real Estate Investor
  • Lubbock, TX
Posted

For you guys who sell properties and hold the notes, what is your experience with escrowing for taxes and insurance? Is it better to take care of that and know that it's under control? Do some of you let people send the insurance binder to you and just check the tax site once a year to make sure that the buyer is paying? Thanks for any thoughts on this.

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