Posted on: 05th Aug, 2009 02:32 pm
I just purchased a home in Feb 09. My property assessment went down by 150k in June. Will I receive a refund at the end of the year for the difference in taxes paid into escrow?
you may very well - it would make sense for your lender, in its escrow analysis, to make that determination. don't look for it at the end of the year, however. escrow analysis time (maybe next summer?) will be when you'll see it.
hwood777
Call the escrow compny to verify how this needs to be handled.
Good luck and feel free to ask
Call the escrow compny to verify how this needs to be handled.
Good luck and feel free to ask
