Taxes and Insurance

For Impound Reserve Accounts

FINS offers to manage an Impound account for taxes, insurance, and other purposes including, L.I.D.s, U.L.I.D.s, Homeowner association dues, etc.

An Impound account provides for the setting aside for fund with the monthly payments to pay taxes, insurance, etc. when the bill is due. This service provides monitoring of payments for those intermittent charges. Impounds may be required by an earnest money agreement or a service that a Buyer/Borrower may request. If you are interested in an impound account, please advise FINS.