Not sure if this is a Ryan thing or not? Or mortgage companies after NVR sells them?
As we all know when you build new they can only assess your land.
But I thought Ryan still look care of that is the estimate? We were even told OVER estimated.
Last year our mortgage was on point, in fact this time last year got a nice chunk back from our escrow overages. Hmmm I wondered about that. Well this year, diff story. Our 2nd year here.
We owe thousands into our escrow along with a jump in our mortgage amount even with paying for the escrow shortage forecasted for next year.
You may ask were we re assessed higher? NO
Did your taxes increase? YES but not this significant amount reflected in what we owe for the upcoming year.
PennyMac is who NVR sold us out to, they have admitted to making a mistake and knocked off a considerable amount due from our escrow shortage. But its still a LARGE amount due OR your mortgage jumps up a SHIT TON instead over the next 12 months.
PEOPLE WATCH WHATS GOING ON WITH THESE "estimates of mortgage and taxes"!!
Anybody else have a noticeable jump in escrow shortages?