Posted By: Patricia
Property Taxes collected too much - 11/21/12 03:20 PM
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.
Posted By: ComplianceNerd
Re: Property Taxes collected too much - 11/21/12 03:56 PM
Is this going into an Escrow account or was this just PTaxes paid at closing?
Have you thought about refunding this to the customer?
Posted By: Patricia
Re: Property Taxes collected too much - 11/21/12 07:16 PM
Yes funds went into escrow account. Yes have thought about refunding but just wanted another opinion. Thanks.