Quote:
Originally Posted by Barefootsies
Nope. Escrow will not cover it.
I think mine was $1500 more this year. From what my friend's tell me, at year's end I will get a bill for $1500 unless the city/county send notice to bank and they make an adjustment prior.
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I was about 200 short on the estimated taxes last year..
so now this years escrow is for the 246k appraisal.. PLUS I have to pay a penalty into savings for NEXT years taxes too.. because I was short last year by 200... so this years mortgage went up almost 1100 per month because I'm paying my regular tax escrow.. and the "teach me a lesson to not be under" savings escrow..
but the savings escrow is based on the assumption that it'll be 246k again.. but luckily this years appraisal came in at 176... so I'll be getting a pretty big check from them, hopefully.. for all the overpayment I'm paying..
Houston taxes are hideous.