Anonymous
10/29/2015 05:02
Subject: Qualify for DC Tax Abatement but mortgage company requiring payment anyway
Yes, they collect it for awhile then send you a check (if you are lucky).
when it's time to start paying taxes again, make sure you have the money. They don't usually wake up on time and start collecting it. They'll pay it and then charge you for that and for the upcoming one all at once.
They also keep a lot of extra money in escrow just in case.
when it's time to start paying taxes again, make sure you have the money. They don't usually wake up on time and start collecting it. They'll pay it and then charge you for that and for the upcoming one all at once.
They also keep a lot of extra money in escrow just in case.
Anonymous
10/28/2015 23:13
Subject: Re:Qualify for DC Tax Abatement but mortgage company requiring payment anyway
Once you get the approval letter send it to the lender and request an escrow analysis.
Anonymous
10/28/2015 11:32
Subject: Qualify for DC Tax Abatement but mortgage company requiring payment anyway
How cans I get no taxes to pay also
Anonymous
10/28/2015 09:07
Subject: Qualify for DC Tax Abatement but mortgage company requiring payment anyway
The lender letter says it collects full escrow (including the amount for DC property tax) for 6 months and ask them again in 6 months (to remove DC tax from escrow). BTW, this was after I supplied the lender the notice from DC that I was entitled to the tax abatement. Just doesn't seem right.