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Updated over 4 years ago on . Most recent reply

Kristen Descant's profile image
Kristen Descant's profile image
Kristen Descant
  • Member since Mar 19, 2021

User Stats

6
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Kristen Descant's profile image
Kristen Descant's profile image
Kristen Descant
  • Member since Mar 19, 2021
Kristen Descant
2
Votes |
6
Posts
Starting Out

Prepaid Hazard Insurance

Kristen Descant
Posted

Hello everyone, I have my first rental under contract. I have to prepay a year of hazard insurance at closing. I am a little confused about what is done with that money. Will it stay in escrow or will it be used to pay my hazard insurance until it’s gone?

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