Escrow account

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PostPosted: Thu Apr 02, 2009 11:39 am    Post subject: Escrow account

TodayI noticed an extra $203 had been deducted along with my Mortgage payment. My husband called & was told that BY TEXAS LAW, we must have 2 months Mortgage inour Escrow account that our taxes had gone up last Decemeber & theyhad paid the additional out of that account.

If this is the case, why weren't we notified & why have they sent us a check each year, due to ESCROW overages?

Thank you,

Donna Teague
"DonnaKT@genplastics.com"

[Email address deactivated as per forum rules]

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chrisburns
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Joined: 13 Nov 2007

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Location: Florida
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PostPosted: Thu Apr 02, 2009 5:22 pm    Post subject:

You should contact your lender and find out why you were not notified of this ahead of time.
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