we sent out our short term statements a few months ago customer called and said he did a new tax evaluation and he won his case and the taxes are now lower than before, and customer wants us to redo his analysis to lower his escrow payment or keep it at original amount before statement was sent out what would i need to do in this case?
can i change payment back to what it originally was or in order to do this i will need to do a statement. also if i do a short term will i have to make his annual statement for june or can i leave it in april when all our escrow annual's go out
In order to change his escrow payment, you HAVE to do an analysis. You can't just change it. You can do a short year statement every month if you wanted (but why?), so next April would be okay as it's shorter than 12 months.