A refund has been made to the previous owner (HUD) for a payment that was not yet done. Does Escrow has access to the Tax files?

Asked by raymond danon, Los Angeles, CA Thu Nov 15, 2012

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Douglas Perez, Agent, Los Angeles, CA
Fri Nov 16, 2012
Yes. Property taxes are prorated on a fiscal year July 1st - June 30th that's divided into 2 installments, July 1st - December 31 and January 1st to June 30th.

For example, If Seller had already paid until December 31st and Buyer closed sale on September 1st, then Seller is due a refund for the remaining months and days until December 31st from the closing date.

Your escrow officer could better explain you this.
Also, prepare to pay additional Supplemental Taxes after closing.

Please let me know if this was helpful.
0 votes
Alicia, , Los Angeles, CA
Thu Nov 15, 2012
Escrow does have access to tax files.. Are you questioning how the previous owner was able to get a payment?
0 votes
Yes, I was questionning why the previous owner was refunded before paying and why escrow didn't get it at closing time, since they have access to tax files.
Flag Fri Nov 16, 2012
carlos parra…, Other Pro, Monrovia, CA
Thu Nov 15, 2012
Escrow has access to Tax Files.
What is your question?
0 votes
Sona Gallatin, Agent, Santa Clarita, CA
Thu Nov 15, 2012
Escrow has whatever you have in your file, if you recently purchased the home in question you should have information in your prelim.section.
But your question is confusing, what's missing?
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