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NOTICE of ESCROW of TAXES, & REGULAR MONTHLY PAYMENT Com Ohio Form

NOTICE of ESCROW of TAXES, & REGULAR MONTHLY PAYMENT Com Ohio Form

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let's dive into the world of escrow accounts here's a fun fact escrow accounts are like your financial safety net for your morgage designed to hold funds for your property taxes and home insurance they play a crucial role in simplifying your life as a homeowner here's how it works each month a portion of your mortgage payment goes into this special account which commonly is referred to as an escrow account it's setting aside money for your property taxes and home insurance so you don't have to worry about that later when your property taxes or premiums are due your lender uses These funds to pay them on your behalf it's a hasslefree way to ensure you never miss these important payments

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