Legal Question in Real Estate Law in Florida

In ref to mortgage/escrow account

the property taxes were paid for this year, this months;

due to lower taxes this year, yet more was collected in escrow

which are my funds,

the mortgage co. said they auditing in Feb. 2010

and then refunding the excess in escrow;

What are my rights?

Since it is my funds being held there

when I need the funds to pay medical bills,I should have the right to get a refund check now.

Furthermore the taxes have to be reduced on the monthly payment,starting Dec. 09

I should not have to overpay until Feb. 2010,to get the monthly payment reduced(which includes the property taxes)

Thank you so much for your reply!


Asked on 11/22/09, 8:34 pm

2 Answers from Attorneys
Sarah Grosse Sarah Grosse, Esquire

Without legal action, that's the way it is. Don't think that a lawyer can help get you a little refund right freaking now. Just sit on it and be pissed. If it goes into next year, give me a call.

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Answered on 11/27/09, 9:54 pm
Alan Wagner Wagner, McLaughlin & Whittemore P.A.

You will just need to wait till February. The process is covered in your paperwork.

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Answered on 11/27/09, 11:36 pm


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