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Kurt Ullman

In article ,
(Fake ID) wrote:

FWIW, generally they can't legally do that. Escrow accounts are things
put into the custody of a third party for delivery to the bank, etc.
only under the specific terms in the contract. Since the escrow account
was most likely for things like insurance and taxes, the money couldn't
be released for that purpose.

Right, the escrow account was for paying taxes and insurance.
Because they specifically said they would use escrow account to make up
any underpayment of the payoff I thought they'd be willing to take the
whole amount.

m

Silly boy, the account was to protect THEM, not make your life easier
(grin). Thus it makes perfect sense.

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