DIYbanter - View Single Post

krw

In article ,
says...
On Mon, 13 Nov 2006 20:51:56 GMT, dave xnet
wrote:

Thanks for your suggestion Donna.
Where/How does one establish such an account?

A bank?

A second point, if we pay the landlord driectly, we may be able to
negotiate a discount, perhaps 5%,to cover our loss of
potential interest over time, and the landlords gain.
We lose this benefit with the escrow situation.

Excrow accounts pay interest, though not much (maybe 2%). THe
point is that it's a place to start negotiating. The landlord
can't go wrong either way. What a deal!

Personally, if there was any issue I'd offer the six-months up
front. If the landlord turned that down, I'd seriously look at
other reasons he didn't want me living there. Perhaps I don't want
to.

--
Keith