Mjwhomes
Region: US
Sunday 30 March 2025 03:28:38 GMT
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Nicholas McConnell :
What Ill never understand is why closing costs are $15-$20k
2025-04-02 23:31:05
357
NobleWarrior_88 :
Escrow is the biggest scam ever. I’ll take a higher rate to manage it correctly on my own
2025-04-04 04:42:53
50
Lucyy Luuu 💋 :
So they should be paying about $2136 per month instead of $1733???
2025-03-31 13:57:49
315
. :
man, this is *exactly* why I removed escrow as soon as I could. I budget for my taxes and shop and pay individually for my home insurance (which has actually saved me a lot).
2025-04-02 17:26:59
43
Ebony :
Your loan agent tells you full mortgage payment would be on new builds and let you know to put the extra away because the house wasn’t completed so you’re only paying taxes on the land. Do research
2025-04-04 09:11:11
7
Mel :
I check my escrow 6 months before my statement comes and it’s usually 200 off. So I start adding 75 extra towards it month!
2025-03-30 16:02:10
143
Frankie San :
BIG SCAM!!!
2025-03-30 17:20:46
37
Casie Ott :
Yup. Bought our first house in 2021 (not a new build) and this happened to us with taxes. No one told us and we didn’t expect our payment to go up over $400 a month.
2025-03-30 13:36:40
3
Jake Bettazza :
that's why I pay escrow myself not in my mortgage payment
2025-04-03 08:20:09
42
McMuffin19356 :
Maybe yall should do some research before making one of the biggest investments of your life…
2025-04-04 20:25:01
23
ChazMataz :
lender is always supposed to use correct estimates in qualifying. I am going to have to do a deep dive into this. Hopefully it's not a compliance issue for the seller/builder
2025-03-30 07:30:44
22
msdove :
i’m convinced the only home buying option that even makes sense is paying in cash. and no hoa. everything else is a scam.
2025-03-30 20:44:40
58
user1962680322230 :
Even if you pay the 526 you will be short
2025-04-26 12:14:18
0
Ryan Ferris :
This a new one for me “some”
2025-03-30 05:52:20
16
seasonwiththeheart :
How did someone with an FHA get a 4.5%????? All of this is horrible regardless.
2025-05-23 12:47:05
0
D J De Vivo :
THIS I've be screaming about. also when you buy a house in Missouri the taxes is assessed on purchase price not previous owner taxes
2025-03-30 05:20:08
5
❤️ Kaay Steele 🦋 :
Friend of mine taxes was estimated at previous owners (who was there for 20 years) for 1500 her escrow analysis came in and it was 8k for property taxes
2025-04-21 23:08:34
6
Krys :
We saw this too, but my husband is a disabled vet so property taxes are exempt. But this is helpful to know.
2025-03-30 14:26:10
74
YourMortgageMVP :
I don’t know how Lenders get away with this. On new construction, we calculate taxes based on the appraised value on it usually results in an overage in escrow not a shortage.
2025-04-02 12:41:53
10
TT Vexi :
Good info. We just went through that exact scenario. I wish I knew what to do for the crazy increase in my mortgage payment.
2025-03-30 14:22:28
5
Carla Lankford Life :
Love this! Really great info!
2025-05-05 00:56:09
1
jkas532 :
Happened to me. Mortgage went from $2300 to $2900 because we under paid escrow by $6000.
2025-04-03 00:38:22
3
Joe Spears :
They taxed the dirt and not the projected tax amounts as it likely would not have qualified. Sadly, common in lending as they don’t know the actual amount until it’s assessed.
2025-03-31 04:57:25
4
Mari :
Thank you this video came to me at a perfect time ♥️
2025-03-30 19:44:14
3
ridewisco365 :
Or just don’t escrow… if you don’t have the self discipline to set aside your tax/insurance money every month to pay for it at the end of the year probably shouldn’t own a home
2025-04-02 16:58:46
3
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