Home Buying in Los Angeles>Question Details

msish30, Home Buyer in Syracuse, NY

What is the average cost of escrow for a home worth $100,000? How is the escrow determined?

Asked by msish30, Syracuse, NY Mon Jul 21, 2014

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Are you referring to Escrow service with title insurance or the building of an escrow account for property taxes and insurance?

If referring to property taxes, the lender usually requires 6 months paid upfront to pay for the next bill due..
0 votes Thank Flag Link Tue Jul 22, 2014
Depends on your area but here in Florida 2% works well.
0 votes Thank Flag Link Mon Jul 21, 2014
Your best bet to call 2 - 3 escrow offices in L.A....Good luck.
0 votes Thank Flag Link Mon Jul 21, 2014
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