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Originally Posted by Villageswimmer
Bingo! Many people don’t realize what an important factor purchase price is in determining tax assessment.
That said, though, OP did say that the title company admitted their error. I guess I think that that’s one of the reasons you pay a title company closing fees. Their role, I think, is to check the math and stipulate all is in order. Then they manage the closing.
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I don't see where they made an error. The taxes can only be estimated at the closing, and either the buyer or the seller needs to pay additional taxes when the tax bill is generated. In June 2020, the projected tax bill had not been prepared by the county, so the title company had to estimate the taxes due by each party. This is the normal way to do it.