I recently purchased a house and later found out that there is a high unpaid water bill resulting in a pending lien and water shutoff. My closing contract clearly states that funds will be held from the seller for payment of utilities, but the tilte company did not do this or even request a payoff amount from the utility listed on the 22W. Does this make the title company responsible? They are claiming that funds were not held due to the transaction being a short sale, but the contract reads otherwise. I was not informed of any deviation from the contract. What can I do to get this addressed?
1 Answer from Attorneys
Sue the seller for breach of contract.