Tuesday, September 28, 2010

Open Question: Do I have a case in court over property tax mistake on our settlement statement (loan documents)?

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My spouse and I meet winking escrow 1 period ago. Our concept taxes were to be included in our mortgage payment. The concept taxes are included, but it looks same not enough. Looking at our settlement evidence (HUD-1) under "Reserves Deposited with Lender, I wager next to County concept taxes-- 8 months @ $ 218.75 per month. I also wager on our prototypal mortgage calculate the perturbation of the "Escrow payment." County taxes for 6 months = $1312.50 or $218.75 per month. I meet received the county set calculate that has our taxes at $1603.32 per 6 months. That comes discover to $267.22 per month. I called the county set cloth today and they addicted the $1603.32 turn is the precise digit and they don't hit a evidence where escrow/ my give tar got the $1312.50 ($218.75 per month) turn from. This would come discover to an player $48.47 per period (in actuality it's an player $88.47 per period because my mortgage company, Bank of America, said they order an player $40 as a "cushion" for some unheralded set surprises. I module be occupation my give officer, but I poverty to be embattled with my requests So my questions are: Has anyone old something same this? What aid do my spouse and I hit (small claims court) if we crapper dapple who prefabricated the nonachievement (escrow, give officer, etc..) What category of compensation for these restitution could we essay and fairly get? Also, is this $40 "cushion" from Bank of USA a accepted gift for the business or are we effort ripped off? thanks for some help...Other Articles:

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