An option at closing is to have estimated taxes added to the house payment and placed in a separate account until taxes are due.

Question

Natali5045456 [20]

3 years ago

14

An option at closing is to have estimated taxes added to the house payment and placed in a separate account until taxes are due.

This process is called:
A. mortgage
B. foreclosure
C. title insurance
D. escrow

Social Studies

1 answer:

Akimi4 [234] · Answer 1 · 2022-03-26T15:14:33+03:00

Akimi4 [234]3 years ago

7 0

<span>The correct answer is letter D. Escrow. An option at closing is to have estimated taxes added to the house payment and placed in a separate account until taxes are due. This process is called escrow.</span>