When you take out a mortgage to purchase a home, your monthly payment often covers more than the loan's principal and interest. You may be placing part of it toward an escrow account. If you're scratching your head and wondering what an escrow account is, you're not alone. An escrow account is a se

When you’re in the market for a new home, it’s important to consider the neighborhood in addition to the property itself. After all, buying a home is a big investment and you want to make sure you get a good deal in a safe and desirable area. Aside from the home itself, the neighborhood can directl

One of the downsides of owning a home is paying property tax. Luckily, many Veterans are exempt, since almost every state offers some sort of property tax exemption to service members and their surviving spouses. While every Veteran’s situation is different, many states only offer property tax exem