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#1759905 - 11/21/12 03:20 PM Property Taxes collected too much
Patricia Offline
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Joined: Mar 2011
Posts: 327
Kansas
After a loan closed we discovered that we collected too much for property taxes. Used the wrong year to calculate. So not sure what we should do.

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RESPA
#1759940 - 11/21/12 03:56 PM Re: Property Taxes collected too much Patricia
ComplianceNerd Offline
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Joined: Nov 2011
Posts: 375
Texas ...
Is this going into an Escrow account or was this just PTaxes paid at closing?

Have you thought about refunding this to the customer?
_________________________
Can't is not an option.

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#1760125 - 11/21/12 07:16 PM Re: Property Taxes collected too much Patricia
Patricia Offline
Gold Star
Joined: Mar 2011
Posts: 327
Kansas
Yes funds went into escrow account. Yes have thought about refunding but just wanted another opinion. Thanks.

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