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 robertsmith2005
Joined: 22 May 2009
Posts: 338
-0.53 Dollars($)
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 Posted: Mon May 25, 2009 9:40 am Post subject: Escrow Account & delayin tax payment |
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one is maintaining sufficient fund in one's Escrow Account. But lender does not make tax payment on time.
Who is answerable for penalty in such case? |
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sunil87020
Joined: 04 May 2009
Posts: 251
0.07 Dollars($)
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| Posted: Mon May 25, 2009 10:19 am Post subject: |
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| definately lender is answerable in this case |
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sunil87020
Joined: 04 May 2009
Posts: 251
0.07 Dollars($)
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| Posted: Mon May 25, 2009 10:22 am Post subject: |
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| The lender should pay the penalty for failing to pay the taxes on time as long you were current in your mortgage payments. If the lender refuses, you may wish to follow the guidelines for filing a complaint. |
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jameshogg
Joined: 20 Dec 2005
Posts: 5203
Location: nevada
651.69 Dollars($)
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| Posted: Mon May 25, 2009 8:58 pm Post subject: |
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Hi robertsmith,
As you have an escrow account with your lender, it is he who is responsible for the payments. You should speak to him and check out why he is late on paying your taxes.
Thanks |
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