Answers To Frequently Asked Questions
What is a SmartEscrow™ Report?
SmartEscrow™ is a new easy tool for use by Lenders, Closing Agents, and Homeowners in Florida to accurately handle property tax escrow account setup. Your SmartEscrow™ report will show how much money to collect up-front at closing towards the property tax escrow, the correct amount for the property tax escrow payment each month, and even the correct pro-ration for current-year property taxes on the settlement statement
How much does a SmartEscrow™ Report cost?
SmartEscrow™ reports are only $25.00!
What if the Lender or Servicer ignores the SmartEscrow™ Report?
Hopefully your lender or title/closing agent values accuracy and professionalism. Purposefully setting up an escrow account in a way that will result in big unplanned adjustments doesn’t benefit anyone. Worst case scenario, if they refuse to set up your escrow account properly, you will at least know how it SHOULD have been set up and you’ll have a good idea of what the adjustments will look like the first two years of your loan. This will help you plan for the adjustments so that they aren’t an inconvenient or worse surprise.
How long will it take to get my results report back?
You can expect to get your SmartEscrow™ Report results back within a few minutes of placing your order. Some reports take more work than others to generate (such as if a property record is redacted). If you do not see any results within 24 hours please contact us at
Why should I get a SmartEscrow™ Report?
Lenders find it very convenient to set up escrow accounts for property taxes the same for all 50 states. Unfortunately, Florida has very unique property tax laws that can result in big adjustments to your escrow account in the first or second year of your loan. Surprises are nice for your birthday, but not when it comes to your mortgage payment and escrow account! The Smart Escrow™ Report is a very easy-to-use tool that creates a simple and completely accurate report on how your escrow account should be set up.