I know that you can choose to waive escrow on property taxes in Michigan...I can only assume that you can waive escrow in AZ. I wasn't thinking clearly when I set my mortgage up this last time, I figured that I would carry escrow as it would be easier to pay my taxes one month at a time, turns out it has been nothing but a pain in the ass (plus the bank holds an additional monthly Tax and insurance payment in the escrow, so we are really overpaying our taxes) I would have to refi the whole loan to waive off the escrow and with the rate that I have on my current mortgage plus the whole property values in the crapper situation that we are in in Michigan we chose to not refi at the moment.
