Asked by Greg Yang, Tacoma, WA • Tue Jun 19, 2012
The prior owner made a mistake. She didn't update her financial info with county. So, after the midyear purchase, county found out the prior owner had lost her senior exempt status since the beginning of the year and re-assessed property tax. According to my contract, I have become responsible for any reassessment. That means I need to pay the difference for the first half of the year. This fact went undetected during the purchasing process. I want to know if the title had defect, or what can I do? Thank you very much.
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