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Foreclosure Forum |
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Payoff Mistake – Should I Pay It?I bought a property with title insurance. The deed has already been recorded by the title company. Escrow is closed. One and a half weeks later, my title company calls and tells me the HOA made a mistake on their demand letter. The HOA forgot to include $900 for a HOA lien and to work it out with the HOA. I specified buyer (me) would pay all liens, not the seller. I want clear title for my buyer down the road, when I sell. Should I pay for this? Should I negotiate this amount down? I could pay this amount. However, I am not sure if this is why I bought title insurance for Follow Ups:
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