[Mais]

mistake? I bought a house with mortgage and I paid for title search and owners policy. The seller had tax owed which the title search company estimated $4,000 in escrow from seller. After 2 months I get a call from my lawyer indicating that the money due from tax is actually about 7,500 and the seller is liable for only $2,500 and I have to pay the rest! Am I responsible for the title company's mistake?

[Vic J]

You will have to pay the difference. The title company can only estimate taxes until the official figure is received from the court house. There will be a clause in your agreement with the title company which holds them harmless for estimates.