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Updated over 10 years ago on . Most recent reply

Jonathan Bonck's profile image
Jonathan Bonck's profile image
Jonathan Bonck
  • Investor
  • from Houston, Texas
  • Member since Jan 27, 2015

User Stats

57
Posts
21
Votes
Jonathan Bonck's profile image
Jonathan Bonck's profile image
Jonathan Bonck
  • Investor
  • from Houston, Texas
  • Member since Jan 27, 2015
Jonathan Bonck
  • Investor
  • Houston, TX
21
Votes |
57
Posts
Private Lending & Conventional Mortgage Advice

Property tax protest escrow

Jonathan Bonck
  • Investor
  • Houston, TX
Posted

Hey Team,

I have an escrow account setup for the pirincipal, interest, insurance, and taxes for a property. I am protesting the property taxes. If I win an the appraised value of the property goes down then my taxes will go down. Will this automatically be adjusted for my monthly escrow account payment? Do I have to speak to the mortgage lender and let them know. What is the general protocol?

Thanks!!

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