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» Insurance » will i be double paying for house insurance?
memberPosted by Gregory 7 views.

will i be double paying for house insurance?


I have had a 3 year personal loan on my house with a balloon payment on the end, and i am Re-financing the house to include my taxes/insurance with a conventional 30 year note. I have already paid my 2010 property Tax, and my 2011 house insurance is due March 21st. I am going to the bank today, will i actually have to pay my insurance come March 21st or is that something the bank does?
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1 Comments :

member1 by Zarnev 6 years ago.
Typically, if the insurance is included in the payment the mortgage holder will pay the insurance from the escrow account.
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Tags : Will*(12887), Double*(155), Paying*(1285), Pay*(7426), House*(2232), Insurance*(40306)

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