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I am in a very fortunate position right now. All of my 13 units are rented, and all the tenants are paying on time. It’s great! And it’s not going to last. I know that because even in good economic times, I’ve had a couple of tenants every year who found that at some point, they just couldn’t pay their rent.
What Can I Do if My Mortgage Company Came Up Short on the Escrow?. If you can’t or choose not to pay off the escrow shortage, your lender adds that shortage to your next year’s mortgage escrow payments along with an increase to prevent the shortage from reoccurring. The statement tells you.