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Updated over 5 years ago on . Most recent reply
Mortgage Company Didn’t Pay Taxes
Hi BP Fam!
Over the weekend I received two delinquent tax bills from LA county for 2016-17 and 2017-18. Totaling of about $2K.
I found this odd because my mortgage bank is setup to pay for the taxes and ,per my escrow, it made payments both years...
Is there a red flag here? Is LA county just trying squeeze extra money out of me?
Also wondering if this has ever happened to anyone and how you handled it?
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#5 Tax, SDIRAs & Cost Segregation Contributor
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- Atlanta, GA
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#5 Tax, SDIRAs & Cost Segregation Contributor
- Accountant
- Atlanta, GA
I would compare the bills to your escrow account detail, then call your mortgage company and make them aware of the bills.
Some municipalities have multiple layers of "taxes" -- i.e. county, city, special assessments. Maybe your mortgage company wasn't aware of this one or it fell through the cracks.