Legal Question in Real Estate Law in Pennsylvania
Appraisal fee & Tax question
1, am I liable for an appraisal fee if the broker order it and the loan did not go thru?
2. can my Mortgage company pay deliquent taxes when I have no Escrow account?
Asked on 5/31/05, 5:50 pm
1 Answer from Attorneys
Marc V. Taiani
AAAL - Allegheny Attorneys At Law
Re: Appraisal fee & Tax question
1.) No, but he could possibly sue you if you do not reimburse him.
and
2.) Yes, b/c failure to pay the taxes will lead to a tax sale, this could also be considered a breech of your mortgage obligations and your mortgage company could begin a mortgage foreclosure action against you.
Answered on 6/03/05, 3:08 am