Legal Question in Real Estate Law in Illinois
lender wont pay
The building i live in is marked as 'to be apportationed' in terms of the tax payment. As a result the lender of my mortgage is refusing to pay the recent tax bill from the escrow account. What can i do?
Asked on 12/20/07, 2:50 pm
2 Answers from Attorneys
Joseph Michelotti
Michelotti & Associates, Ltd.
Re: lender wont pay
Contact the comptroller of Currency or HUD.
check out my website - www.michelottilaw.com
email me if you have any questions - [email protected]
Answered on 12/22/07, 2:25 pm
Charles Dobra
Charles Wm. Dobra, Ltd.
Re: lender wont pay
I assume you bought a condo and you don't have a separate tax bill yet?? Did you get a proration letter at closing?? There are a few variables here, so you need to talk to a lawyer to figure this out. Good Luck!
Answered on 12/20/07, 3:09 pm