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Updated almost 14 years ago,

User Stats

106
Posts
17
Votes
Karim Shah
  • Rental Property Investor
  • Southfield, MI
17
Votes |
106
Posts

Strange Problem! Homestead revoked

Karim Shah
  • Rental Property Investor
  • Southfield, MI
Posted

Hi All,

I've come across a problem on one of my properties. I closed on a property only last week using a title company received a warranty deed with title insurance. Obviously, the backtaxes were all fully paid.

However, the problem i've stumbled across is that just prior to my closing the municipality revoked the homestead exemption and have created backtaxes for the difference. I was unaware of this and my warranty deed has been recorded.

What do I do?

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