When a residential property is free of liens, there is no longer a lender to assure that an escrow is in place to pay real estate taxes and insurance. If you are dealing with clients who may have paid off their mortgages and home equity lines of credit, you may want to check to make sure that your clients are paying their real estate taxes and maintaining insurance. If the mortgage is not set up with an escrow, but there is a requirement for payment, the lender can foreclose. This is not unusual with home equity lines of …