Just Jack Posted April 8, 2010 Author Posted April 8, 2010 I just thought of something. Since you have a mortgage, doesn't the bank hold the tax's in a escrow account? No, I've been paying out of pocket.
Jim in Anchorage Posted April 8, 2010 Posted April 8, 2010 No, I've been paying out of pocket. Surprised they do that since if you don't pay your tax's it might put their collateral in jeopardy of a tax auction. I thought of it because I know someone in your situation. When he was married the house payment was no big deal, then they got divorced she moved out and now he's making the payment on his income only. Calls the bank and asks if they can lower his monthly payment. They did, but he never asked HOW they did it. Turns out they quit collecting tax's and come spring he gets a totally unexpected,whooper tax bill.
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