2006-09-09 18:00:35 · 4 answers · asked by Ian L 2 in Business & Finance ➔ Taxes ➔ United States
Unless there are some other taxes than those shown by your local tax assessor, something isn't right here. Escrow accounts can be a little higher than the latest tax bill to allow for future increases, but shouldn't be twice as much!
First, ask the local tax assessor for total taxes on your property for the year, and ask if there are any other entities assessing taxes on your property (where I live, the county and local real estate taxes come on one bill from the county, in the spring, then the school tax bill comes in the fall from a company hired by the school district - this is in Pennsylvania). If you still can't figure out what's going on, ask your mortgage company for a printout of your escrow account and see where the money's going, or if it's building up unreasonably.
2006-09-10 15:22:58 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
County usually bills you twice a year. Are you seeing a yearly amount on the mortgage co's record?
2006-09-10 01:06:29 · answer #2 · answered by spot 5 · 1⤊ 0⤋
Why are you paying the mortgage company and not the state?
2006-09-10 04:51:57 · answer #3 · answered by misslabeled 7 · 0⤊ 1⤋
MAybe you can check with your company.
2006-09-10 01:27:37 · answer #4 · answered by Janice Tee 4 · 0⤊ 0⤋