Can you pay real estate taxes on your own even with escrow?
I have an escrow account that is supposed to pay my real estate taxes. However, the mortgage company says they don't have the individual figure for my unit (only for the complex as a whole) and therefore have not paid it. Rather than risk missing another RE tax payment (2nd), could I just pay it myself first and then deal with the issue of specifics afterwards? Will the mortgage company, or the city collector's office, allow this? Thanks. I have not received the last two bills even though the city says it sent it to my address. The mortgage company says they have not received a statement for the amount for my unit alone and that I should check with the association. It is not a new complex, I don't even know why there wouldn't be a separate bill per unit.
Public Comments
- How do you know how much is owed? If you are aware of the amount you need to provide that info to the escrow company. Also, it may be difficult to get it straightened out immediately after, but you should be able to resolve it with proof that the payment has been made the escrow co should give you a refund for what they've been holding.
- They owe you a refund if you pay it. And also tell them to cancel escrow if they can't pay your RE taxes. That's one reason it is there.
