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Updated over 7 years ago on . Most recent reply

User Stats

210
Posts
77
Votes
Tom Chen
  • Real Estate Investor
  • Flushing, NY
77
Votes |
210
Posts

Annoying mistakes with closing costs escrows...

Tom Chen
  • Real Estate Investor
  • Flushing, NY
Posted

First, let me say...I HATE BIG BANKS LIKE HSBC...

Now that that's out of the way, many times big banks don't include the full tax escrow amounts in their closing fees.  If you don't want a surprise increase in monthly payments, just double check those escrow amounts and make sure they at least match the city/county tax records.

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