Talk of The Villages Florida - View Single Post - Seller Won't Pay His Share of Property Tax
Thread: Seller Won't Pay His Share of Property Tax
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Old 07-26-2020, 10:00 AM
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dewilson58 dewilson58 is offline
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Quote:
Originally Posted by Villageswimmer View Post
Based on your OP, I think it was the closing company who dropped the ball.

Not at all. There are times when there is a gap between known taxes & the need to estimate. If the estimate made & there was a large increase or decrease.......an estimate error could happen. Estimates are disclosed and both parties sign off. Closing companies CYOA.


Like other posters have mentioned............escrow. Both parties signed off on not using an escrow. Whoops.
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