I was recently divorced, ( very bitter ) house was sold and the agreed amount of equity was divided at closing.
Mortgage company sent an additional refund of over payment and balance on escrow ( 2 different checks / amounts).
other party never paid mortgage or was not living in the property. only then contributed a percentage after dissolution agreement was signed. (a percentage of mortgage for less than 4 months). Other party is requesting equal of the refund.
If i received a refund from my escrow, isn't that a refund of services i never received ( taxes and home owners insurance). if other party did not contribute, or at a very small amount do they have a right to the escrow refund?
1 Answer from Attorneys
Without reading the agreement no-one can answer properly. If nothing is written and you paid the escrow, i believe you would be entitled to its reimbursement.