When you purchase a new home, one of the many decisions you will consider is whether or not you need an Escrow Impound Account, also known simply as an impound account. To help you understand what an impound account is and how it works, we’ve answered some commonly asked questions.
Home ownership brings with it a sense of pride, accomplishment and responsibility. Being in your own home evokes a sense of peace and comfort. But, beyond these emotional factors, what are the more practical benefits of home ownership that can be realized during tax season?