{"id":243335,"date":"2024-06-11T08:30:15","date_gmt":"2024-06-11T08:30:15","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/?p=243335"},"modified":"2024-06-11T08:30:15","modified_gmt":"2024-06-11T08:30:15","slug":"why-are-taxes-held-in-escrow","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/","title":{"rendered":"Why are taxes held in escrow?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#Why_are_taxes_held_in_escrow\" title=\"Why are taxes held in escrow?\">Why are taxes held in escrow?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#FAQs_about_taxes_held_in_escrow\" title=\"FAQs about taxes held in escrow:\">FAQs about taxes held in escrow:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#1_What_is_an_escrow_account\" title=\"1. What is an escrow account?\">1. What is an escrow account?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#2_How_does_an_escrow_account_work\" title=\"2. How does an escrow account work?\">2. How does an escrow account work?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#3_Can_I_choose_not_to_have_an_escrow_account\" title=\"3. Can I choose not to have an escrow account?\">3. Can I choose not to have an escrow account?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#4_How_are_the_funds_in_an_escrow_account_used\" title=\"4. How are the funds in an escrow account used?\">4. How are the funds in an escrow account used?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#5_Is_it_possible_for_the_lender_to_run_short_on_funds_in_the_escrow_account\" title=\"5. Is it possible for the lender to run short on funds in the escrow account?\">5. Is it possible for the lender to run short on funds in the escrow account?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#6_Can_I_get_a_refund_if_there_is_money_left_in_the_escrow_account_at_the_end_of_the_year\" title=\"6. Can I get a refund if there is money left in the escrow account at the end of the year?\">6. Can I get a refund if there is money left in the escrow account at the end of the year?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#7_What_happens_if_I_forget_to_pay_my_property_taxes_when_they_are_held_in_escrow\" title=\"7. What happens if I forget to pay my property taxes when they are held in escrow?\">7. What happens if I forget to pay my property taxes when they are held in escrow?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#8_Can_I_add_other_expenses_to_my_escrow_account\" title=\"8. Can I add other expenses to my escrow account?\">8. Can I add other expenses to my escrow account?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#9_Are_there_any_fees_associated_with_having_an_escrow_account\" title=\"9. Are there any fees associated with having an escrow account?\">9. Are there any fees associated with having an escrow account?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#10_Can_I_pay_my_property_taxes_directly_instead_of_using_an_escrow_account\" title=\"10. Can I pay my property taxes directly instead of using an escrow account?\">10. Can I pay my property taxes directly instead of using an escrow account?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#11_What_happens_if_I_sell_my_home_with_money_still_in_the_escrow_account\" title=\"11. What happens if I sell my home with money still in the escrow account?\">11. What happens if I sell my home with money still in the escrow account?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#12_Can_I_dispute_the_amount_in_my_escrow_account\" title=\"12. Can I dispute the amount in my escrow account?\">12. Can I dispute the amount in my escrow account?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Why_are_taxes_held_in_escrow\"><\/span>Why are taxes held in escrow?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When you purchase a home, your mortgage lender may require you to pay your property taxes through an escrow account. This is to ensure that your property taxes are paid on time and that your home remains protected from tax liens.<\/p>\n<p><b>The main reason taxes are held in escrow is to protect the lender&#8217;s investment in the property, as failure to pay property taxes can lead to a tax lien being placed on the home.<\/b><\/p>\n<h3><span class=\"ez-toc-section\" id=\"FAQs_about_taxes_held_in_escrow\"><\/span>FAQs about taxes held in escrow:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1_What_is_an_escrow_account\"><\/span>1. What is an escrow account?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAn escrow account is a separate account set up by the lender to hold funds for specific expenses, such as property taxes and insurance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_How_does_an_escrow_account_work\"><\/span>2. How does an escrow account work?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nEach month, a portion of your mortgage payment goes into the escrow account to cover property taxes and insurance premiums.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Can_I_choose_not_to_have_an_escrow_account\"><\/span>3. Can I choose not to have an escrow account?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nSome lenders may allow you to opt out of having an escrow account, but this usually means you will have to pay your property taxes and insurance on your own.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_How_are_the_funds_in_an_escrow_account_used\"><\/span>4. How are the funds in an escrow account used?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe funds in an escrow account are used to pay your property taxes, homeowners insurance, and sometimes mortgage insurance on your behalf.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Is_it_possible_for_the_lender_to_run_short_on_funds_in_the_escrow_account\"><\/span>5. Is it possible for the lender to run short on funds in the escrow account?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, if there is an increase in property taxes or insurance premiums, the lender may not have enough funds in the escrow account to cover the additional expenses, resulting in a shortage that you will need to make up.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"6_Can_I_get_a_refund_if_there_is_money_left_in_the_escrow_account_at_the_end_of_the_year\"><\/span>6. Can I get a refund if there is money left in the escrow account at the end of the year?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf there is an excess amount in your escrow account after all expenses have been paid, your lender may refund the remaining balance to you.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"7_What_happens_if_I_forget_to_pay_my_property_taxes_when_they_are_held_in_escrow\"><\/span>7. What happens if I forget to pay my property taxes when they are held in escrow?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf you fail to pay your property taxes while they are held in escrow, your lender may pay the taxes on your behalf to prevent a tax lien on the property.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"8_Can_I_add_other_expenses_to_my_escrow_account\"><\/span>8. Can I add other expenses to my escrow account?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile property taxes and homeowners insurance are typically included in an escrow account, other expenses like HOA fees or flood insurance may also be added with your lender&#8217;s approval.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"9_Are_there_any_fees_associated_with_having_an_escrow_account\"><\/span>9. Are there any fees associated with having an escrow account?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nSome lenders may charge a fee for managing an escrow account, but this varies depending on the lender and the terms of your mortgage agreement.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"10_Can_I_pay_my_property_taxes_directly_instead_of_using_an_escrow_account\"><\/span>10. Can I pay my property taxes directly instead of using an escrow account?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf you prefer to pay your property taxes directly, you may be able to do so by opting out of the escrow account, but be aware that this means you are responsible for ensuring timely payment.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"11_What_happens_if_I_sell_my_home_with_money_still_in_the_escrow_account\"><\/span>11. What happens if I sell my home with money still in the escrow account?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nAny remaining funds in the escrow account will typically be refunded to you after the sale of the home is finalized.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"12_Can_I_dispute_the_amount_in_my_escrow_account\"><\/span>12. Can I dispute the amount in my escrow account?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf you believe there is an error in the amount being held in your escrow account, you can contact your lender to dispute the discrepancy and provide any necessary documentation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why are taxes held in escrow? When you purchase a home, your mortgage lender may require you to pay your property taxes through an escrow account. This is to ensure that your property taxes are paid on time and that your home remains protected from tax liens. The main reason taxes are held in escrow &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Why are taxes held in escrow?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#more-243335\">Read more<span class=\"screen-reader-text\">Why are taxes held in escrow?<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-243335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why are taxes held in escrow?<\/title>\n<meta name=\"description\" content=\"Why are taxes held in escrow? When you purchase a home, your mortgage lender may require you to pay your property taxes through an escrow account. This is\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why are taxes held in escrow?\" \/>\n<meta property=\"og:description\" content=\"Why are taxes held in escrow? When you purchase a home, your mortgage lender may require you to pay your property taxes through an escrow account. This is\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/synchronyfinancial\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-11T08:30:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2024\/03\/faq.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Kerry Hewitt\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@synchrony\" \/>\n<meta name=\"twitter:site\" content=\"@synchrony\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kerry Hewitt\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/\"},\"author\":{\"name\":\"Kerry Hewitt\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/5e0b5208b6e0ef75385c025717e9ec4a\"},\"headline\":\"Why are taxes held in escrow?\",\"datePublished\":\"2024-06-11T08:30:15+00:00\",\"dateModified\":\"2024-06-11T08:30:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/\"},\"wordCount\":560,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#organization\"},\"articleSection\":[\"Learn\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/\",\"url\":\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/\",\"name\":\"Why are taxes held in escrow?\",\"isPartOf\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#website\"},\"datePublished\":\"2024-06-11T08:30:15+00:00\",\"dateModified\":\"2024-06-11T08:30:15+00:00\",\"description\":\"Why are taxes held in escrow? When you purchase a home, your mortgage lender may require you to pay your property taxes through an escrow account. This is\",\"breadcrumb\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/namso-gen.co\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why are taxes held in escrow?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#website\",\"url\":\"https:\/\/namso-gen.co\/blog\/\",\"name\":\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\",\"description\":\"In Namso gen blog you can get many tips regarding to Credit cards, VCC, Credit card security etc. You can generate credit cards by using Namso-gen.co\",\"publisher\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/namso-gen.co\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#organization\",\"name\":\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\",\"url\":\"https:\/\/namso-gen.co\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png\",\"contentUrl\":\"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png\",\"width\":500,\"height\":164,\"caption\":\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\"},\"image\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/synchronyfinancial\",\"https:\/\/twitter.com\/synchrony\",\"https:\/\/www.youtube.com\/synchronyfinancial\",\"https:\/\/www.instagram.com\/synchrony\",\"https:\/\/www.linkedin.com\/company\/synchrony-financial\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/5e0b5208b6e0ef75385c025717e9ec4a\",\"name\":\"Kerry Hewitt\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"caption\":\"Kerry Hewitt\"},\"description\":\"Guest author Kerry Hewitt has meticulously crafted and revised this article to the best of their knowledge and understanding. Readers are strongly advised to exercise caution, verify information independently, and rely on their own judgment when considering the information provided. Read more articles on Namso Gen here.\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Why are taxes held in escrow?","description":"Why are taxes held in escrow? When you purchase a home, your mortgage lender may require you to pay your property taxes through an escrow account. This is","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/","og_locale":"en_US","og_type":"article","og_title":"Why are taxes held in escrow?","og_description":"Why are taxes held in escrow? When you purchase a home, your mortgage lender may require you to pay your property taxes through an escrow account. This is","og_url":"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/","og_site_name":"Namso Gen Blog - Free Credit Card Generator [100% Valid]","article_publisher":"https:\/\/www.facebook.com\/synchronyfinancial","article_published_time":"2024-06-11T08:30:15+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2024\/03\/faq.png","type":"image\/png"}],"author":"Kerry Hewitt","twitter_card":"summary_large_image","twitter_creator":"@synchrony","twitter_site":"@synchrony","twitter_misc":{"Written by":"Kerry Hewitt","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#article","isPartOf":{"@id":"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/"},"author":{"name":"Kerry Hewitt","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/5e0b5208b6e0ef75385c025717e9ec4a"},"headline":"Why are taxes held in escrow?","datePublished":"2024-06-11T08:30:15+00:00","dateModified":"2024-06-11T08:30:15+00:00","mainEntityOfPage":{"@id":"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/"},"wordCount":560,"commentCount":0,"publisher":{"@id":"https:\/\/namso-gen.co\/blog\/#organization"},"articleSection":["Learn"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/","url":"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/","name":"Why are taxes held in escrow?","isPartOf":{"@id":"https:\/\/namso-gen.co\/blog\/#website"},"datePublished":"2024-06-11T08:30:15+00:00","dateModified":"2024-06-11T08:30:15+00:00","description":"Why are taxes held in escrow? When you purchase a home, your mortgage lender may require you to pay your property taxes through an escrow account. This is","breadcrumb":{"@id":"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/namso-gen.co\/blog\/why-are-taxes-held-in-escrow\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/namso-gen.co\/blog\/"},{"@type":"ListItem","position":2,"name":"Why are taxes held in escrow?"}]},{"@type":"WebSite","@id":"https:\/\/namso-gen.co\/blog\/#website","url":"https:\/\/namso-gen.co\/blog\/","name":"Namso Gen Blog - Free Credit Card Generator [100% Valid]","description":"In Namso gen blog you can get many tips regarding to Credit cards, VCC, Credit card security etc. You can generate credit cards by using Namso-gen.co","publisher":{"@id":"https:\/\/namso-gen.co\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/namso-gen.co\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/namso-gen.co\/blog\/#organization","name":"Namso Gen Blog - Free Credit Card Generator [100% Valid]","url":"https:\/\/namso-gen.co\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png","contentUrl":"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png","width":500,"height":164,"caption":"Namso Gen Blog - Free Credit Card Generator [100% Valid]"},"image":{"@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/synchronyfinancial","https:\/\/twitter.com\/synchrony","https:\/\/www.youtube.com\/synchronyfinancial","https:\/\/www.instagram.com\/synchrony","https:\/\/www.linkedin.com\/company\/synchrony-financial"]},{"@type":"Person","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/5e0b5208b6e0ef75385c025717e9ec4a","name":"Kerry Hewitt","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","caption":"Kerry Hewitt"},"description":"Guest author Kerry Hewitt has meticulously crafted and revised this article to the best of their knowledge and understanding. Readers are strongly advised to exercise caution, verify information independently, and rely on their own judgment when considering the information provided. Read more articles on Namso Gen here."}]}},"_links":{"self":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/posts\/243335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/comments?post=243335"}],"version-history":[{"count":0,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/posts\/243335\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/media\/107420"}],"wp:attachment":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/media?parent=243335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/categories?post=243335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/tags?post=243335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}