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  1. #77681
    QUITTER Irving's Avatar
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    Our mortgage went up over $100 a month. Seems like an excessive jump to me. The tax value went up, but I didn't think it went up that much.

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    The "Godfather" of COAR Great-Kazoo's Avatar
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    Quote Originally Posted by Irving View Post
    Our mortgage went up over $100 a month. Seems like an excessive jump to me. The tax value went up, but I didn't think it went up that much.
    Look at the average selling price of homes in the area. You can see that on the county tax assessors site, or real estate ones.
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    QUITTER Irving's Avatar
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    The mortgage company is stupid and only projected for one tax payment instead of two. Dummies.

  4. #77684
    Gives a sh!t; pretends he doesn't HoneyBadger's Avatar
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  5. #77685
    Carries A Danged Big Stick buffalobo's Avatar
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    Quote Originally Posted by HoneyBadger View Post
    Work work work, no time for play!

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  6. #77686
    Mr Yamaha brutal's Avatar
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    Quote Originally Posted by Irving View Post
    The mortgage company is stupid and only projected for one tax payment instead of two. Dummies.
    Ouch.

    I have what one would normally consider a smart mortgage company (Chase) and they can't seem to get the escrow dialed in each and every year.

    I have considered contacting them to see if they would be willing to decouple the escrow. I have great credit, no PMI on a 15 year (refi) mortgage with 10 years remaining, and only owe about 35-40% of the home value depending upon who's numbers you use. I guess anyone can attempt to project taxes and insurance premium changes and do just as well.
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    QUITTER Irving's Avatar
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    Last year they over projected and cut me a check for $600. I paid significantly more than what the mortgage payment actually was, and last year I felt like that screwed them up and was part of the reason of the big overage. This year, in addition to eliminating my PMI after the escrow amount was set, and paying almost double the mortgage payment, I thought we were going to get another big overage check, but I guess not.

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    I cried and got a title waxthis's Avatar
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    Quote Originally Posted by wyome View Post
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  10. #77690
    BADGE BUNNY Monky's Avatar
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    Quote Originally Posted by Irving View Post
    Last year they over projected and cut me a check for $600. I paid significantly more than what the mortgage payment actually was, and last year I felt like that screwed them up and was part of the reason of the big overage. This year, in addition to eliminating my PMI after the escrow amount was set, and paying almost double the mortgage payment, I thought we were going to get another big overage check, but I guess not.
    I don't want to hear it... bought at 180.. last appraisal was 295.. house up the street that is smaller and not nearly as nice just sold for 325.. Been in it 5 years now.

    I did have to call the county two years in when I noticed they had it as 3 bathrooms... drive by assessment was WAAAAYYY off..

    They haven't come close to getting taxes correct.. I just write the check.. I like the payment staying consistent
    Last edited by Monky; 10-03-2016 at 12:16.