Posted by River City on March 18, 2009 at 07:33:47:
Generally, lenders only allow escrow of repairs, landscaping, etc. The type of escrow you are asking for could possibly cloud the title for the lender, and they might not be willing to take the risk. This is a question you need to pose to your lender. In the end, it is up to them anyway as to whether or not they will allow that type of escrow.
Liens…and Escrow…??? - Posted by acw
Posted by acw on March 16, 2009 at 08:15:53:
As some of you are aware, i have a dispute with an HOA regarding attorney’s fees of the HOA.
Has anyone had any luck in placing disputed funds into an Escrow account and then closing?
Re: Liens…and Escrow…??? - Posted by Jack
Posted by Jack on March 21, 2009 at 19:41:34:
I did it once with a title company that I had a relationship with. It was for a $15,000 judgement lien with a Statute of limitation to expire 18 months after closing. Unless it a sufficient sum, there is a pending Statute of limitations which will run in a couple of years, and you do sufficient business with the title company for them to accommodate you, it isn’t going to happen.