Taxes
Click any question to view or hide the individual answer.
| 1.
| Do I need to send Marix Servicing a copy of my property tax bill? |
Answer:
Marix contacts the tax agencies directly to obtain annual tax
information. There are specific tax agencies that require a
homeowner authorization form be signed by the borrower and Marix
will send a written request to you if this is needed.
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| 2.
| What happens when my property taxes become delinquent and I do not have an escrow account? |
Answer:
If you do not have an escrow (impound) account, you are
responsible for making your own property tax payments, assessments,
or supplemental tax bills directly to the taxing authority. Annual
tax searches are completed by Marix to ensure all taxes on
non-escrowed loans are paid current. When delinquent taxes are
found, MARIX may take the necessary action to protect their
interest and the interest of their investors by advancing the
delinquent taxes and establishing an escrow/impound account.
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| 3.
| What if I received a notice of delinquent taxes? What do I need to do? |
Answer:
If you have an escrow/impound account and receive a notice of
delinquent taxes, please contact our office immediately at
866-565-8179 or forward the delinquent tax bill referencing your
loan account number to us at:
MARIX SERVICING
LLC
PO BOX 42008
Phoenix, AZ 85080
Fax Number: 623-249-2066
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| 4.
| I received a Supplemental Tax bill. Will you pay it from my escrow account? |
Answer:
MARIX SERVICING will not pay Supplemental Tax bills from the
escrow account. The escrow account is for the payment of
'regular/secured' tax bills.
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| 5.
| I received an Escaped Assessment Tax bill. Will you pay it from my escrow account? |
Answer:
MARIX SERVICING will not pay escaped assessments and will treat
as a supplemental bill. This is the borrower's responsibility and
the escrow account is for the payment of 'regular/secured' tax
bills.
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| 6.
| I received my Mobile Home tax bill. Will you pay it from my escrow account? |
Answer:
No, Mobile Home tax bills are not disbursed from the escrow
account. Borrower is responsible for paying these taxes.
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| 7.
| I have an escrow account, but I also paid my taxes directly to the taxing agency. How can I obtain a refund of the duplicate payment? |
Answer:
You are responsible for obtaining the refund. MARIX will assist
in the effort by providing a copy of the cancelled check if Marix
check was cashed first.
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| 8.
| I do not have an escrow account, but I have delinquent property taxes that I can't pay. Will MARIX SERVICING advance the taxes and set-up an escrow account for the payment of future taxes? |
Answer:
MARIX SERVICING requires that the borrower submit request in
writing to the Escrow Department for review/approval. The Escrow
Department will contact the borrower to discuss further. Request
can be submitted by mail or fax.
MARIX SERVICING
LLC
Attn: Correspondence Dept.
PO Box 42008
Phoenix, AZ 85080
Fax# 623-249-2066
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| 9.
| How do I have lender placed insurance removed from my loan? |
Answer:
Removing lender place insurance requires you to obtain coverage
as required. Once evidence of insurance is provided from the
carrier of your choice the lender place insurance policy will be
cancelled as of the effective date of your new policy. You may be
eligible to a full or partial refund of the lender place policy
depending on whether or not you had coverage prior to the effective
date of the Lender placed policy or after.
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