What is the legality of this? - cover letter examples for the recently graduated dental hygienist
I have recently bought a house for about $ 200,000 less than the last person who owns the house. Repealed in the purchase of $ 6000 to cover taxes, s in a blocked account, the house that the previous owner of the tax at the bank told us we would get a little money with a discount if the presentation of the new have completed property value. Last week I received a letter in the mail telling me that I need to bank $ 500 per month to cover pay the additional taxes because the documentation is not yet complete, and through it you havent been the sentence appropriate value for my house. They say that in September or October, I received this money, but to close the gap until the house is tight. Now I see why I have the bank money to pay for them, to delay the filing of these forms, since Ive been home now for 3 months. and the bank says I have to pay or get a new mortgage, there is no way to avoid these additional costs. Is it legal or is it a fraud for example?
4 comments:
The bank is correct. You can have the tax years in escrow, but they must be calculated pro rata for this year .. So, if the fee is 50k then it is in April. You should be 1 / 3 of the price on the 50k.so you should have 6650 in the bank from now .. So .. Good luck
Too bad that the other answers do not stop thinking is rare that a tenant deficiencies in trust accounts, as you described.
Josh, my best advice is to pay the amount in the bank and a complaint file. If you do not pay the amount due, you may have a lein put on the house and remove that amount is a real pain. If you are not yet enough to help cover the taxes that closing I would like to make pressure on the Bank, the amount and pay the refund.
She looks are screwed as always. Make sure that they are of interest on the money in the care of their taxes. Since this is a considerable amount of money you should consider talking to a atorney. I bought a house last September and the bill for consultation in February, so it should not be longer than 6 months.
are nervous about the possibility of not paying enough taxes when due. They prefer to have too little. $ 500 more a month seems high, but if you do not have to find another lender, you May Try to make a full $ 250 per month, or negotiate something similar.
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