Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

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.

Loading replies...