Financing in 08110>Question Details

Talltam, Home Buyer in 08110

Where do I check to see if my property taxes/homeowner's insurance is being paid properly from my escrow account?

Asked by Talltam, 08110 Tue Sep 22, 2009

I'm starting to hear a lot of horror stories about mortgage companies not paying taxes and HO's insurance out of escrow and homeowners being liable for it. Where do I go to see what the balance of my escrow account is, and how much and when payments are being made?

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Take a close look at your mortgage statements. Many lenders prepare the statement of escrow annually. To be sure your taxes and insurance are being paid you can call your local tax office and insurance agent.

Robert Greenblatt
Keller Williams
0 votes Thank Flag Link Tue Sep 22, 2009
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