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Thursday, March 10, 2011
Another shoe is about to drop in the Steve Simpson mess
We've covered Republican Attorney General nominee Steve Simpson's tax problems already, but this is different. Remember that hot little rumor we mentioned the other day that was making it's way around the Capitol? Yeah, well that ain't it, either.
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Cottonmouth
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CL reported he paid the taxes. Explanation makes sense and is something that happens alot more than people realize.
Lesson: If you buy a house, ALWAYS keep up with the escrows because what happens is if there is a shortage in the escrow account, and all it takes is a change in tax rates or insurance premiums, you come up short, the policy or taxes is not paid, then boom, your policy is canceled or you wind up with a tax lien. Happens especially on refinances.
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