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03-28-2020, 08:27 AM | #1 |
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Local Tax Payment
Anyone read or hear about local tax payments? Most people pay their taxes thru their mortgage payment. If many are getting their payments delayed or pushed out, will Laconia or surrounding towns demand payment of taxes
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03-28-2020, 09:29 AM | #2 | |
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03-28-2020, 09:50 AM | #3 | |
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03-28-2020, 10:26 AM | #4 | |
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I’m very pessimistic when a government agency says they will work with you especially when they can slap a lien on your house very quickly. Also as I said if it’s paid through an escrow the logistics are difficult. Sent from my iPhone using Winnipesaukee Forum mobile app |
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03-28-2020, 10:51 AM | #5 | |
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03-28-2020, 12:24 PM | #6 | |
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Brunswick Issues Emergency Order Also Extends Tax Due Date to May 15th Brunswick, Maine USA – March 24, 2020 ... The Town Council also voted to extend the property tax due date by one month to May 15th. The Town Council recognizes that individuals and families are struggling financially and this change is aimed at providing some measure of relief. ... https://www.brunswickme.org/Document...-19-03-24-2020 |
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03-28-2020, 02:43 PM | #7 | |
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03-28-2020, 05:54 PM | #8 | |
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Do you have any figures on what percentage of property taxes are paid through a mortgage processor escrow account? |
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03-28-2020, 06:01 PM | #9 | |
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03-28-2020, 07:41 PM | #10 | |
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The only loan programs that require an escrow account are the USDA and the FHA loan programs. Conventional and VA loans don’t mandate escrow accounts, but most lenders will advise you to have one if you are making less than a 20% down payment. With a down payment of more than 20%, in most cases an escrow account is optional. The FHA and USDA programs are the exception, but most borrowers who can afford a 20% down payment likely wouldn’t apply for a FHA or USDA loan. https://www.lendingtree.com/home/mor...scrow-account/ |
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03-28-2020, 09:24 PM | #11 | |
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03-28-2020, 10:51 PM | #12 | |
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Anyway, and as I noted previously, the primary reason I initially responded was to indicate that there are indeed municipalities that have granted to property owners in this difficult time the courtesy of extending property tax payment deadlines. |
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