Hello all, hoping I can get some guidance here on this situation I find my wife and I in.
We are currently in contract for a home in NY where we were told by the seller's agent at the time of viewing (he himself had stated he verified the taxes were correct on the listing) and through MLS that the taxes would be under $8,000 without any sort of exemption. The title search just came back which found the taxes are actually higher than what we were initially told (around $1200).
We believe this is a misrepresentation of the taxes because we checked public records for the home and found the 2022 taxes had updated prior to the house going up for sale.
When we tried to bring this up to our attorney to try to get the purchase price lowered, their response was that the Seller's attorney will probably argue that we, the buyers have a responsibility to do our due diligence and look into the taxes ourselves since it's public information. I believe that we, the buyers expected to be given accurate information when we made the offer on the house and that this is on the seller's agent.
Any help would certainly be appreciated!
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source https://www.reddit.com/r/RealEstate/comments/t15hin/property_tax_issues_on_a_new_home_purchase/
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