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I just received a property value notice from the county and my appraised taxable value of my house went DOWN $95,000 from last year. I assumed they over estimated the previous year since it was new construction.

I received a letter today from Wells Fargo that they are increasing my escrow from $300 to $1,700 per month!

I've already emailed them now to ask if this is in error, but has anyone else experienced this?

Seems unsustainable for someone trying to make mortgage payment to be hit out of the blue with a 5X increase.



Submitted June 28, 2018 at 11:26PM by sjmartin1 https://ift.tt/2IzJX6r

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