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 ArticlesChicken Hungarian Goulash With Caraway PappardelleFeb 12, 2026US Ski Resorts Turn to Drones to Make It Snow Amid Dire DroughtFeb 11, 2026Ask Angi: How Should I Budget for Home Projects?Feb 10, 2026Explore ‘Titanic’: New South Florida Immersive Experience Puts You in a Lifeboat for Firsthand View of HistoryFeb 10, 2026