Quote:
Originally Posted by himain
Hi everyone. Is it possible to pay your taxes and insurance separately from your mortgage up here? I know its possible in FL. The reason why I'm asking is because if you pay in Nov in FL you get a 4% discount instead of waiting to pay in March.
Now I know a lot of people say its easier to do it that way but I have known people who's taxes or insurance got paid late or slipped through and didn't get paid at all. I just prefer knowing that I paid it. Plus I think if you pay for the year up front (ins) you can possible get a better rate not including the "service fees" for installment payments.
Does anyone know if you pay your taxes early do you get a % discount?? Any help is appreciated
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If it's any help, when I got my mortgage, I told them I'd be paying the taxes and I didn't want an escrow account. The county and city tax bills for Union County are sent out in September and you have until Dec 31st to pay them. I know what you mean about the "early pay" discount because I owned land in PA and they offered a 3% discount for paying early and a 10% penalty for paying after the official due date. Unfortunately Union County doesn't offer any discount. I'm not sure if other counties operate in the same manner. BTW, Welcome to NC!
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question on taxes and insurance
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