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A comment on Asking rents in San Francisco continue to slip, but…. Parent comment

Re:Asking rents in San Francisco continue to slip, but… by brobinson on Monday April 26, 2021 @09:06PM (#26950489)
Escrow for property tax is (usually) _optional_ on a mortgage. I don't have escrow on mine because I heard horror stories from coworkers about payments getting screwed up when the mortgage was resold.
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Re:Asking rents in San Francisco continue to slip, but… by OldHand2018 on Monday April 26, 2021 @09:22PM (#26950626)
From the lender point of view, property tax escrow is slightly less risky than leaving it up to the borrower.

If you work with a mortgage broker and get quotes, ask for the rates with and without escrow. It’s pretty common that there is a slight reduction in rate if you include escrow.

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