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| Subject:
escrow
Category: Miscellaneous Asked by: duckster-ga List Price: $5.00 |
Posted:
20 Sep 2005 16:47 PDT
Expires: 20 Oct 2005 16:47 PDT Question ID: 570306 |
i got an $849.00 water assessment bill. on the bill it said that if you bought your house in 1994 or later the title company should have escrowed the amount. i got the house in 1994 and the title company said the amount was not escrowed . DO I HAVE TO PAY OR SHOULD THE TITLE COMPANY HAVE TO TAKE CARE OF IT ??? i live in new jersey |
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| There is no answer at this time. |
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| Subject:
Re: escrow
From: weblinkguide-ga on 21 Sep 2005 05:07 PDT |
The title company isn't responsible for human error, although IF the escrow was initially set up, and an up-fron charge was collected, you may have a dispute with the title company. However, from the water company's standpoint, ultimately, if the bill isn't paid, they'll shut off the water - and that will happen long before you can settle a potential suit... AND - when the water company puts the collection bill on your credit - it's YOU who is hurt, not the Title company... MR |
| Subject:
Re: escrow
From: research_help-ga on 21 Sep 2005 06:16 PDT |
An escrow just means that someone else is holding YOUR money for YOU to pay off YOUR bills. Money is owed for the water bill. If you have already given the money to the title company in an escrow, then they must pay. If you have not, then you have to pay the bill yourself. It's all your money, it's just whether you paid before or pay now. The title company is not responsible for paying your bills. No lawyer would take your case to sue the title company because you don't have a case. |
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