Community Chat

[terrier3]

Last April I received a letter from my mortgage company that my escrow was going up $250/mo. That's a LOT!

I called the number on the letter and reached a woman in India who didn't speak English very well. She explained to me that they bank hadn't taken out enough escrow money when I first got my mortgage and they needed to catch up. She said she thought my taxes had gone up (double huh?).

I told her that her numbers were incorrect. She said it was too late to question the increase (huh?) even though the letter was the first notice I had received.

Yesterday I got a refund check from the bank for $3,000. They said it was because they had overcharged my escrow by that amount in the last 12 months. Starting in May 2012, my monthly escrow payments are now going DOWN $75/mo.

I laughed at the post re: SS - I'd rather deal with someone in this country any day of the week!