Strange Problem! Homestead revoked
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?