Quote:
Originally Posted by trekker954
How do you see the title company did not make an error, when they in fact sent a letter to the seller asking him to cut a check to me and send it through their office. Isn't that a clear admission of a mistake they made in calculation?
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When I have purchased a resale, the taxes are estimated and prorated, but they cannot be exact because the current year tax rates have not been established by the county. So, when the actual final tax bill is received, either the buyer or the seller will owe the other party some taxes. This doesn't happen with a new house because the builder covers any tax shortage. That is the way I have seen it done on houses I have purchased. It seems as though the seller owes you $590 and it is too bad that they will not pay you. I wouldn't go to extreme measures to collect it, but I would do what I can to try to collect the money. The seller is the one who is cheating you, not the title company. Maybe you can get a lawyer to send a demand letter to the seller that may get him to pay you. I have not done a small claims court case, but it should be easy to get a judgement against the seller because the title company has already established what the seller owes you. If you get a judgement, a lawyer can electronically seize assets from any bank account that the seller owns. My opinion. Good luck.