Home closing

[Seminole92]

What is the name of your state (only U.S. law)? Pennsylvania. Ok here we go..need some advice here. I sold my home and closed on that house on 06/01/07. A title search was done by the buyer and everything came out ok. On 06/28/08, I received a somewhat threatening letter from a lawyer for the title insurance company. He stated that an interim tax from 2006 was never paid. This was the first I had heard of this and then wondered why this was not settled at closing or at least within a month of the closing. He stated that if this was not paid, he was going to sue me. Am I legally on the hook for this money? The title company I think messed up and is looking to scare me into paying this money back. Any advice would greatly be appreciated! Scott

[seniorjudge]

Q: Am I legally on the hook for this money?

A: Yes.

[Seminole92]

Can you elaborate?

[seniorjudge]

Originally Posted by Seminole92

Can you elaborate?

You incurred a tax in 2006 and did not pay it.

You owe it.

[HomeGuru]

Originally Posted by Seminole92

What is the name of your state (only U.S. law)? Pennsylvania. Ok here we go..need some advice here. I sold my home and closed on that house on 06/01/07. A title search was done by the buyer and everything came out ok. On 06/28/08, I received a somewhat threatening letter from a lawyer for the title insurance company. He stated that an interim tax from 2006 was never paid. This was the first I had heard of this and then wondered why this was not settled at closing or at least within a month of the closing. He stated that if this was not paid, he was going to sue me. Am I legally on the hook for this money? The title company I think messed up and is looking to scare me into paying this money back. Any advice would greatly be appreciated! Scott

**A: why did you not pay this tax when it was due?

[Seminole92]

I did not find out about this interim tax until June of 2008..a year after I closed on the sale of my house. Shouldn't this have come up when title search was done? Why wasn't this brought to my attention at closing or at least a month or so after? Free and clear title was signed by all parties.

[nextwife]

Why didn't the title company closing it collect funds from proceeds to pay this? Have you REVIEWED your closing statement? Might the closing agent have failed to send a check out after collecting the funds?

[seniorjudge]

I did not find out about this interim tax until June of 2008..a year after I closed on the sale of my house.

Most states have laws that say that the tax is due and payable when assessed; failure to notify the taxpayer is irrelevant.

Shouldn't this have come up when title search was done?

Possibly; it depends whether it was of public record.

Why wasn't this brought to my attention at closing or at least a month or so after?

I don't know.

Free and clear title was signed by all parties.

The delinquent taxes do not affect the title.




Nothing so far that you have posted would give you any reason not to pay your bill.

[TinkerBelleLuvr]

When would that tax bill gone out regularly?

[HomeGuru]

Originally Posted by Seminole92

I did not find out about this interim tax until June of 2008..a year after I closed on the sale of my house. Shouldn't this have come up when title search was done? Why wasn't this brought to my attention at closing or at least a month or so after? Free and clear title was signed by all parties.

**A: regardless, you would still be liable to pay it. And such liability continues to this day.

[Seminole92]

Ok..thanks for the advice guys. Just didn't need a lawyer stringing me along and winding me out fighting a lost cause. My ex-wife also lived in the house in 2006, so I will need to approach her about paying 1/2 the $1400 owed. The more I think about it, I think she lied to me about paying some property tax out of her credit union fund..no record was found of this being paid as just previous to this we had spoken about splitting up. This may be where the discrepancy came in. Anywho..I'll suck it up and pay what I owe

[HomeGuru]

Originally Posted by Seminole92

Ok..thanks for the advice guys. Just didn't need a lawyer stringing me along and winding me out fighting a lost cause. My ex-wife also lived in the house in 2006, so I will need to approach her about paying 1/2 the $1400 owed. The more I think about it, I think she lied to me about paying some property tax out of her credit union fund..no record was found of this being paid as just previous to this we had spoken about splitting up. This may be where the discrepancy came in. Anywho..I'll suck it up and pay what I owe

**A: oh, now the real story comes out.