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Q: escrow ( No Answer,   2 Comments )
Question  
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
Answer  
There is no answer at this time.

Comments  
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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