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What is my obligation 6days post closing to the town when the bank tried to pay them taxes taken out in mortgage payments?

by mrkgif833 from Columbia, Connecticut. Jan 26th 2018 Reply


Nikitas Kouimanis (MrMortgage)
#8 ranked lender in New York - 113 contributions

Hi, anytime you have Taxes due 60 days before closing it's required to be picked up if they are not paid. If that what your asking. Unless you can show proof they were already paid. But if they are as far as 60 days out than most likely they are not paid as of yet.

Jan 26th 2018
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You are responsible for taxes. The bank does it as a convince. It the taxes are not payed by the bank you have to pay and then get the refund from the bank

Jan 26th 2018
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,329 contributions

Your question is not really that clear, so i'll try to assume that you closed on a loan, and now the county is asking for a property tax payment.. Typically, if taxes are due inside of 60 days, then the lender will collect from you as part of the closing costs, additional monies to fund and escrow account so the money is there to pay the taxes when they come due.. If the county is asking you to pay.. then t's possible they are not aware of your mortgage or escrow account.. regardless, it's always going to be YOUR responsibility to pay, even if your lender drops the ball. The first place to start is gather up the correspondence sent to you by the county assessor and go visit your mortgage guy who just closed your loan.. they should be able to explain. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Jan 26th 2018
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