Title company closes cash deal 100K short

[twilkins0306]

What is the name of your state? Florida.
I purchased a home May 13th 2005 and it was a cash deal. We brought proceeds from the home we sold and brought the difference in a cashiers check. The hud stated the correct ammount and the title company only collected funds equal to 100K less. It is now 2 months later and they said we need to bring 100K immediately or it will be turned over to the legal dept. This being said the deed has been tranferred and title insurance is inforce. What should i do? Pay the full amount? Offer a small discounted difference. Let them file a lien? Or file on the insurance. I guess I could say I paid the 100K in cash. Though I threw away the receipt. Just curious as to what some of you would do? i will most likely pay but what would you do?? Ask them to prove the difference or ask them why they would transfer a deed on a cash sale that was 100K short 2 months later? Thanks guys

[twilkins0306]

After reviewing and thinking It most likely will fall under unjustified enrichment and they will force me to pay. Just thought you guys may have a better idea.

[PghREA]

You knew on the day of settlement that the amount they collected was 100K
short. You also know what is the right thing to do. If you owe the money, pay it!

[HomeGuru]

Originally Posted by twilkins0306

What is the name of your state? Florida.
I purchased a home May 13th 2005 and it was a cash deal. We brought proceeds from the home we sold and brought the difference in a cashiers check. The hud stated the correct ammount and the title company only collected funds equal to 100K less. It is now 2 months later and they said we need to bring 100K immediately or it will be turned over to the legal dept. This being said the deed has been tranferred and title insurance is inforce. What should i do? Pay the full amount? Offer a small discounted difference. Let them file a lien? Or file on the insurance. I guess I could say I paid the 100K in cash. Though I threw away the receipt. Just curious as to what some of you would do? i will most likely pay but what would you do?? Ask them to prove the difference or ask them why they would transfer a deed on a cash sale that was 100K short 2 months later? Thanks guys

**A: there is more to this story. If you can't prove that you paid the $$$ then you are $100K out of luck.