What are my rights if I (seller) overpaid property taxes at closing?
454444
How much money are you talking about? If you paid for the taxes a year in advance, then the borrower should of reimbursed you at the time of closing. If you escrowed your taxes then you should get a check back for the balance remaining on your escrows from the company holding your money.\nIf your talking about a sum of money that would match the cost of an attorney representing you at the closing, I would call it a wash and move forward. If the funds are more than that, you can always go to small claims court and file a suite again the new owners. If you win the case and they fail to pay you your money, you can then request for a judgment lien to be placed on their property.\n\nHope it works out for you.
901973
It is very rare that deals fall through at this stage, but it does happen. I've actually had a closing where all of the documents were signed, notarized and ready to record, however, at the last minute the underwriter noticed a mistake which held up the loan. The seller was impatient and backed out of the deal. It can happen, it just doesn't usually. \n\nIf you're the buyer, call your lender and double check to make sure that they have everything that they need. It's frustrating to find out they need a copy of a pay stub on the day you're supposed to close. If you're the seller, call your real estate agent and have them double check with your buyers agent.  \n\nHopefully, none of this will be an issue and everything will go as smooth as silk for you. Good luck!
66683
It depends on what you mean by a little bit. I would save up  five hundred and go to the county clerks office and get a copy of the property tax list what houses that had tax leins on them or were forclosed. Then go when the auction is scheduled and bid on a house that you want (you can get one for as little as 100 dollars if no one bids higher) fix the house up and 'flip' it. you could sell it outright, rent it out. If you are willing to get in there and get a good deal, it really isn't too good to be true. Give it a try. First step is to go to the county tax clerk office and take a look at the houses and auction dates/times. Good luck.
950871
I live in NY (Nassau County) where property taxes are through the roof. There are companies here that specialize in property tax reduction and charge you 1/2 of the reduction amount with a small application fee that the county requires, if they fail then you lost nothing but your application fee. I have also worked in the business of tax reductions as well. my advice is to consult one of these companies, if not consult a real estate attorney that handles these issues. Paying for an appraisal might work but it could cost you and if you lose then you will be out 300-350. With the other companies if you lose you will lose a small application fee ($25). Also, the process takes a year so you will not see a reduction for at least that period. Good luck.
965426
Go to the county office, the county secretary or clerk should be able to help you. They usually have a lot of properties left over after the tax auctions. I'm about to start purchasing some of these homes myself from different counties. I hope this helps you
372044
if i were you i would check with a lawyer before anything else happens. i do not believe the realtor has the right to change anything without the sellers permission unless there was something in the contract that you signed with the realtor. read that 1st and contact a lawyer next if you feel that this was not a legal doing by your realtor. by no means would i let a closing on the property happen without finding out for sure if this was legit
1011159
Yes, the seller is responsible.  If the amount hasn't been determined yet, and if you really want this condo, then you should have your closing agent hold back $25,000 of the sale proceeds in escrow.  Once the final amount is established the closing agent can use those funds to pay off the assessment and return any remaining balance to the seller.\n\nIf the seller isn't willing to go for this then if I were in your position I would walk away and sue them for the return of the deposit.
577546
Are you referring to an appraisal by a taxing authority? If so, then you need to find properties similar to yours and see what the appraisal is on these. If it it lower, use that information to ask for reduction in the appraisal on your property.
795082
I think you may have confused the Tax Collecor with the Property Appraiser Rob Turner.  \n\nYou can find who owns the property by entering the address at the Property Appraiser Web Site I've included below.
838555
Not sure what you are talking about here.  One thing I know about real estate is that you can ask for anything... so yes, ask them for a refund.
596522
Check with a local real estate agent (or real estate lawyer, depending on where you live and what is standard).  I took a real estate course (but never took the final exam) and remember a section dealing specifically with situations like this.  It basically depends on how the estate was structured.  In some cases, the remaining people would have to buy you out.  In other cases, you can sell your "interest" to someone else.
1046285
If the contract shows in writing that he is buying it for 2.4M and the appraisal show the same, messing with legalities with the sellers and their not wanting the full amount mentioned.....it is a messy legal problem.  If it is in writing for 2.4 then 2.4 it will be, not 1.3M, who cares?  Not the bank, not the buyer if the seller is willing to sell for 1.3M.  Then 1.3M should be on the contract not 2.4M   You can't put anything on paper where it shows over and above what both the buyer and seller are going to want to settle for.  It sounds real messy to me. Could have some problems down the road if anything goes wrong.  Who knows WHAT might go wrong but there is nearly 1M at stake here!  I'd try hard to not fudge with the paperwork it could fall back on you too!  And who is this "buddy" to say what he should or shouldn't do when there is a million dollars at stake.  I'm sure if the buddy was in his shoes he'd be wary too.  Check it all out OK?  Don't jump into anything, it seems everyone is wheeling and dealing "off the books" and that is crazy-a million dollars difference? I wouldn't get involved even if it might mean a nice commission.  Are you working for yourself or a Real Estate company.  Will the Real Estate Company want this type of activity going on in all the paperwork? I doubt it, sorry.
946640
By all means. Yes! however , I wouldn't be asking nor would I be demanding. The best approach is a non-confrontational statement of facts approach that goes something like this: Our lender has sent out his appraiser to your house. The dollar amount they are willing to lend does not provide sufficient funds for us to consummate the purchase of your house at the price we thought we would be able to pay. We still would love to buy your house but to do so we would only be able to pay "X". If this is agreeable to you please let us know ASAP as we will need to continue our house search if it is not.\nOh, by the way someone has removed part of the climbing wall that we had both agreed would remain and I have 3 estimates attached to this letter for what it would cost to put it back in the condition it was in when we reached our agreement. This also needs to be addressed either thru the replacing of the missing portion of the climbing wall or the retention of "X" dollars in escrow to cover the cost. Thank you. We look forward to hearing from you and hope we can work out these details speedily.\n\nDO NOT CLOSE ESCROW UNTIL YOU ARE SATISFIED. Everyone else makes money when you close. The seller, lender, Realtors, title company etc. YOU HAVE THE POWER TO HAVE IT YOUR WAY UNTIL YOU CLOSE ESCROW THEN IT ALL GOES AWAY.
276389
First you need to determine whether or not you actually received the cash overpayment, or find out exactly what happened to the money over and above what you feel you owed. I would start by calling the financial instiution and taking very careful notes and requesting all the documentation you can get. Perhaps it can just be resolved through patience and persistence. If all of that fails, you should certainly think about consulting an attorney.
746625
You should. Real Property is Real Property. The danger could arise if the property was overpriced.
163936
I don't know what state you're from and the procedures in your state but here in Texas we have appraisal districts that have all the property records so they can appraise all property every year so the government can set the property taxes every year.\n\nAll property is in someone's name, so you should be able to go down to the appraisal district in your county or whatever government organization has the property records, (maybe the courthouse) and get on one of their computers, type in your grandfather's name (maybe even if he doesn't still own the property) and pull up the info.\n\nIf you know the address but not the parcel numbers and need the parcel numbers, you can find this out at the appraisal district.\n\nYou didn't explain much, so if I didn't hit the nail on the head, you can talk to a real estate agent and he/she can no doubt help you with some advice after asking you the necessary questions.\n\nIf your grandfather doesn't own the property any longer, I'm wondering why you're looking for this info.  It seems to me that if he owned property and hasn't been paying the taxes on it all this time, it was probably foreclosed on by the government and sold to someone else to pay the overdue taxes.\n\nIf he still owns the property, he'll have a deed that has all the property info, including the legal description of the property on it.\n\nHope this helped.
53320
If the appraised value of your home has risen and depending on the terms of your 80/20 you could possibly refi.  Go back to your Lender (if you were satisfied) and see what they can do to help you.  You will still have to pay closing cost again or you do in most cases.  And be sure you have paid all your payments on time.  Maybe this will help you.