Talk of The Villages Florida - View Single Post - Purchase of Pre-owned home but cheated by Title company who miscalculated tax
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Old 12-13-2020, 11:56 AM
retiredguy123 retiredguy123 is offline
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I don't understand how the title company could have gotten the estimated tax bill for 2020 in June. Mine didn't come out until mid-August. So, it seems logical that they would use the 2019 tax bill to calculate the sellers prorated portion of the 2020 tax for a June 2020 closing. Also, I don't see what difference it would make if the seller had or didn't have a homestead exemption, if they based the proration estimate on the seller's actual tax bill. I think it is typical for the seller to be responsible for an underestimated tax payment, so, I don't think the title company has any liability. I also don't think the real estate company has any liability either. So, I think your only option is to sue the seller.