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What is an impound account?

What is an impound account?

An impound account is a trust account established by the lender to hold money to pay for real estate taxes, and mortgage and homeowners insurance premiums as they are received each month.

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Contact Information

Brandon Clark, GRI, ABR, CSP
Coldwell Banker Select Professionals
1000 North Prince Street
Lancaster, Pa, 17603
Office: (717)735-8308
Cell: (717)682-7353
Fax: (717)283-4535
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