Answer:
You can only use information that is actually available. On the GFE you would have to use the existing or previous year's bill.
First published on BankersOnline.com 5/20/02
Real Estate Tax Information On The GFE
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Question:
At our last FDIC exam we were told that we need to list the real estate property tax figure on the Good Faith and Settlement Statement. We do not escrow. Our question is which property tax figure do we use, the current year's.
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