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 12-14-2020, 07:05 AM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by Skunky1 View Post
I believe ALL parties on the seller's side bares responsibility for the error. The real estate agent has an obligation to confirm the HUD is correct, the title company has an obligation to do their job correctly and the seller has an obligation to correct the error.
There was no error made by anyone. The seller owes the buyer money based on an agreement they made to adjust the tax amount when the final tax bill was issued. Not unusual on a resale.