Title company screwed the pooch
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.