Not understand

来源: autumnmoon 2014-07-09 06:46:59 [] [旧帖] [给我悄悄话] 本文已被阅读: 0 次 (542 bytes)
Mortgage principal, interest payment is one part, the ins, tax is another part.. The ins, tax should be in an escrow account even managed by the lender. The money in escrow account is still owner money until pay out. 

There are federal law how much reserve in escrow the lender can charge. Lender can request requirement for ins but no right to ask where to buy ins. The owner do. 

So even the lender charge more that will return to owner in end of year.


所有跟帖: 

看来你不熟悉职业地主这个行当。 -sweetptt- 给 sweetptt 发送悄悄话 sweetptt 的博客首页 (0 bytes) () 07/09/2014 postreply 18:19:37

Need learning always -autumnmoon- 给 autumnmoon 发送悄悄话 (0 bytes) () 07/10/2014 postreply 08:03:04

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