by Anonymous on August 18th, 2004

Question

Help answer this question below.

Can a home owner leave money in their escrow account and borrow from it later?

Like
Report

Share:: Facebook; Twitter; Other

Answers. 1 helpful answer below.

by jalex137 on August 24th, 2005
If you can, it would be a poor way to save money, and a hassle. Why not put this extra money in your own savings account, CD, or Money Market? That way, you'll earn a little interest, maybe at least keep up with inflation, and have easier access to it.
Comments
Add a comment...
- Like
- Report
No comments. Post one | Permalink

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

Who holds the money in a 1031 exchange?
by Answerbag Staff on July 14th, 2010 | 1 person likes this
What does the money that goes into escrow go toward when I make my mortgage payment?
by Answerbag Staff on May 26th, 2010 | 1 person likes this
How long does the mortgage closing take?
by Answerbag Staff on May 29th, 2010 | 1 person likes this
What does it mean to have an negative balance in escrow?
by Anonymous on September 21st, 2008 | 2 people like this
What does it mean to fall out of escrow?
by bcoden on July 7th, 2007 | 1 person likes this
More Escrow See only professionally researched Escrow questions

You're reading Can a home owner leave money in their escrow account and borrow from it later?

Follow us on Facebook!

Related Ads

Professionally Researched

ANSWERBAG BUZZ

Can i borrow from my escrow account

Extra money in escrow account

Leave money in escrow

Can i borrow from my escrow

Can i borrow money against my home escrow

About Us

About Answerbag

Sitemap

Professionally Researched Questions

Legal

Privacy Policy

Terms of Use

Disclaimer

Ad Choices
Follow Us on Facebook

Answerbag.com
Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!
Latest Tweet

What is the very worst thing you can do in an interview? http://t.co/3QoM2mLE

Follow Answerbag on Twitter!

Answerbag

Question

Can a home owner leave money in their escrow account and borrow from it later?

Answers. 1 helpful answer below.

Comments

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

Follow us on Facebook!

Related Ads

Related Questions

We entered into a 2 year lease to own contract about 2 years ago. We put $3000 into an escrow account with Chicago Title. owner forced to short sell and we terminated the contract. Can we get the escrow money back from Chicago Title?

Can you borrow from your escrow if youve filed bankruptcy in the past two years

I owe money to an escrow acct. and am paying it back every month along with principle/interest mortgage pymt. Can the mortgage co. foreclose on my home if i don't/can't pay the outrageous amt. that they want me to pay on Feb 1 to this escrow acct?

Is it legal for a home owner association to require from a buyer 1 year of condo fee being paid in advance at the closing and keep this money in escrow for 3 years before refunding it

What is an Escrow Impound Account in a Mortgage?

Professionally Researched

What is an Escrow Impound Account in a Mortgage?

What does the money that goes into escrow go toward when I make my mortgage payment?

How long will Vioxx settlement money stay in an escrow account?

Can you borrow from a teacher's retirement account?

Can I borrow against my IRA account?

ANSWERBAG BUZZ

Answerbag.com
Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!

Question

Can a home owner leave money in their escrow account and borrow from it later?

Answers. 1 helpful answer below.

Comments

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

Follow us on Facebook!

Related Ads

Related Questions

Professionally Researched

ANSWERBAG BUZZ

Answerbag.com Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!

Answerbag.com
Your favorite Q&A site is on Facebook! Become a fan to connect with the ever-growing community of Answerbaggers, share your thoughts and find out what Answerbag's up to next!