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Updated over 12 years ago, 04/06/2012

Mark Hu's profile image
Mark Hu's profile image
Mark Hu
  • Real Estate Investor
  • from Huntington Beach, California
  • Member since Mar 14, 2008
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User Stats

221
Posts
9
Votes
Mark Hu's profile image
Mark Hu's profile image
Mark Hu
  • Real Estate Investor
  • from Huntington Beach, California
  • Member since Mar 14, 2008
Connect
Mark Hu
  • Real Estate Investor
  • Huntington Beach, CA
9
Votes |
221
Posts
Buying & Selling Real Estate

Lender now responsible for my taxes?

Mark Hu
  • Real Estate Investor
  • Huntington Beach, CA
Posted

My lender is impounding money for my taxes (+4k/year) and I've heard the county sends the tax bill to them. I found out they paid in March the same amount of tax the previous owner was paying, which is much less than I will be paying. They said don't worry, if there is a problem they are responsible. Is this true?

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