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If I pay my own taxes adn insurance should there be an escrow fee in Texas?

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markmcdonald8 Joined: 27 Feb 2010 Posts: 1 1.26 Dollars($)	Posted: Sat Feb 27, 2010 8:29 am    Post subject: If I pay my own taxes adn insurance should there be an escro Like 0 Dislike 0 If I have a loan without escrow for taxes and insurance should there be an escrow fee?
tfaulhaber1 Community Expert Joined: 17 Dec 2009 Posts: 562 75.68 Dollars($)	Posted: Sat Feb 27, 2010 2:59 pm    Post subject: Like 0 Dislike 0 If you're waiving escrows they shouldn't be charging a fee to set one up. _________________ Theo (Ted) Faulhaber 516-403-9116 516-634-4417 tfaulhaber (at) vanguardfunding.net
michaelclark3 Joined: 27 Feb 2010 Posts: 3 Location: Hamilton NJ 08960 1.51 Dollars($)	Posted: Sat Feb 27, 2010 4:14 pm    Post subject: Tax escrow fees Like 0 Dislike 0 If the fee is like $80 That is a tax service fee, ONE time charge. It allows the lender the opportunity to track your taxes. If your taxes go up or down. In your case, if you are current or behind. Allows the lender to keep any eye on things. _________________ Michael Clark III Mortgage Consultant Wells Fargo Home Mortgage 950 Route 33 Hamilton, NJ 08690 (609) 631-2948 Tel 908-670-0836 Cell 877-705-8435 Fax APPLY NOW: www.wfhm.com/michael-clark

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