Legal Question in Real Estate Law in Florida

Two year ago we purchased 1 bedroom apartment in condominium. One month ago we purchased 2 bedroom apartment across the street. Both transactions performed by Law office with excellent services.. The settlement statements were e-mailed in advance, verified. Closing procedure took only 15 minutes.

Now 1 bedroom apartment is on sale and we are about closing . Buyer insisted on closing with his Title Co where he has financing. I requested the Title Co email me preliminary HUD-1. Reviewing prelim. statement I found out that all lines of fees comparing with 2 recent transactions overestimated 2-3 times, a few even irrelevant. Big surprise - Escrow water bill $355 for seller of condo-apartment! Some Buyer's Settlement costs have been put on Seller (contract does not assume it). All City fees double or triple; like estoppel letter city -$75, Title charges $275

Lien search City fee $100, they charge $395. The apartment was in our possession only 2 year, paid-off. No debts.

My attorney is out of country till the end of July. The listing agent is helpless. I prepared spread sheet and requested the Title Co to correct all fees in compliance with the city fees and remove irrelevant charges. They removed only water bill. I do not want to ruin the closing procedure. If I return property on market and start over it costs me also.

Can I dispute all fees after closing? It is not only money matter. I always had decent transactions in NY, Dallas. Now when I can get all fee-information on city cite, and evidence of my recent transactions I am simply insulted by manifested fraud.

I think this Title Co is a subject for IRS, if they grab more then government and attorney's fee from their client.

I


Asked on 6/16/14, 2:26 pm

1 Answer from Attorneys

Barry Stein De Cardenas, Freixas, Stein & Zachary

Hire an attorney who is not out of the country to represent you.

Read more
Answered on 6/16/14, 2:39 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Florida