Real EstateAll About Mortgage EscrowSavePrintAn escrow account ensures property expenses are paid on time and in full. Dreamstime/TCATribune News Service7/9/2025|Updated: 7/9/20250:00X 1By Deborah Kearns From Kiplinger’s Personal FinanceQuestion: I’m about to buy a new house and would like to know more about escrow accounts. What are they, how do they work and am I required to have one if I have a mortgage?We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.Share this articleLeave a commentTribune News ServiceAuthorAuthor’s Selected Articles7 Surprising Reasons Retirees Are Going Back to WorkOct 25, 2025Longevity Travel Is the Next Big Travel Trend: Here’s What It InvolvesOct 24, 2025This 3-Course Vegan Meal Is Great for Vegetarian Awareness MonthOct 23, 20257 Guilt-Free Ways to Spend Your Retirement CashOct 23, 2025