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Updated about 7 years ago on . Most recent reply

User Stats

79
Posts
24
Votes
George Genovezos
  • Bedford, TX
24
Votes |
79
Posts

Title company screwed the pooch

George Genovezos
  • Bedford, TX
Posted

Hi all,

I'm at my whits end, and hoping I can get some help here. I'm in Texas and on Oct 6th, I purchased a 4plex. the title company ran their numbers for taxes based on 2016 and use that for 2017 even though the estimates where finalized in April. 

Well 2017 had a huge increase to the point I'm paying 50% of the taxes for owning the property for 2 months.

I reached out to the title company and they said, this happens all the time but they have a clause in their contract that states the purchasers needs to go to the seller and try to get their money back. Basically go pound sand.

I see this as the title company's issue and they should be sending out an official notice in order to get what amounts to almost $2,000 in taxes.

What are my options?

BTW avoid independence title in Southlake. They also go by Arc law.

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