Yes, we have checked. Our home is newly built so when they originally surveyed the area we were just paying “land taxes” due to the neighborhood not being completed and developed yet. That’s how the mortgage company explained it to me.
Yes I believe that’s what they did. They added the escrow shortage over 12 months making our new payment $2250 a month. The escrow shortage is an additional $600 a month on top of the mortgage, new taxes and new insurance rate
AlexoftheValar OP t1_ja973wx wrote
Reply to comment by Levertki1 in Escrow shortage advice by AlexoftheValar
Yes, we have checked. Our home is newly built so when they originally surveyed the area we were just paying “land taxes” due to the neighborhood not being completed and developed yet. That’s how the mortgage company explained it to me.