Which of the following expenses is paid from an escrow account?
A)Title insurance
B)Property taxes
C)Points
D)Loan application fee
E)Real estate agent's commission

Question

Quizplus · Accepted Answer

Property taxes are typically paid from an escrow account. An escrow account is set up by the mortgage lender to pay ongoing property-related expenses on behalf of the homeowner, such as property taxes and homeowners insurance, ensuring these bills are paid on time.

Which of the Following Expenses Is Paid from an Escrow