Quote:
Originally Posted by Footer
I am in the same situation except the seller owes me $2000 for taxes. The seller lived in the house only 1 year so his taxes were based on the previous owner's homestead and SOH tax bill. The title company based the proration on the previous bill and we both signed a document saying we would adjust between ourselves when the actual tax bill came out.
Both realtors tried to get the seller to pay up but he ignored them. The only person to blame contractually is the seller. Everyone else did their job. What can you do? Move on.
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From what I gather the issue here IS when the seller lives in the house such a short time. Yours sounds exactly like mine issue.
Actually IMHO, when recalculating to ask the seller for the correct amount, they only looked at the big number and did not take into account the other breakdowns. The true calculated number would have been closer to $750, but I would have been happy with $590 which remember was only for six months.
I still believe if the Title company had calculated the correct amount the seller would have gladly paid it.