escrow: 2 escrow issues for sellers when closing near property tax due date - 09/19/12 01:13 AM
Whenever a real estate settlement is close to a property tax due date, the potential for a post closing property tax issue increases.  Simply, it is a matter of bad timing. Here are a couple escrow issues that can cause problems for home sellers who are planning to close near a property tax due date.
Taxes are double-paid  Let’s take Montgomery County, Maryland for example.  Real estate property taxes are due by September 30 and December 31 (assuming a principal residence).Now let’s say that you have scheduled a closing for the sale of your home on September 20.  Your current lender is … (2 comments)

Todd Ewing (Federal Title & Escrow Company)

Todd Ewing

Washington, DC

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Federal Title & Escrow Company

Address: 5335 Wisconsin Ave, NW , Suite 700, Washington, DC, 20015

Office: (202) 362-1500

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