Hello everyone,
I was hoping someone could enlighten me here.
Purchased a new Lennar build condo back in June of this year.
Got my escrow funded/etc (though there were major complications with the property tax.. Lennar was stating property tax of about 1.2% + mello roos of about 2K / yea, but once closing came about we closed with a way higher property tax rate - but I digress).
Just checked my escrow account, and there was a new transaction of "ESCROW DISBURSED TO MORTGAGEE" for about 8K.
I emailed the lending company but I just know it will take forever for them to reply and don't get me started on their phone CS... just impossible.
So I was wondering where the 8K went? If it was for property taxes, I would assume they would let me know it was for that.. but nothing...
Any help would be highly appreciated.
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source https://www.reddit.com/r/RealEstate/comments/r4z04d/escrow_disbursement_to_mortagee/
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