When a property line is incorrectly recorded it results in title problems, which can delay or prevent a home sale. To resolve this kind of title problem, you have to correct the documents filed with the homeowners association and possibly create an easement so that the property line becomes acceptable. It may also be worthwhile to ask the developer to modify the documents that describe the property line.
Escrow accounts hold money to pay property taxes. You can either manage your own escrow account or let your mortgage company do it. But if you manage your own escrow account you will get to earn interest on your escrow money. The best way to manage escrow money depends on each home owner.
A property owner does not pay his property tax after an error is detected. The owner needs to get down to the county tax collector and speak to someone in the office who can help to redeem the properties. At this point, they may just have to pay all of the tax, even if one of the tax bills has an incorrect amount listed on it.
When you're buying or selling a home and decide to hire a real estate agent you may debate between using a new or experienced real estate agent. Which one is better? If you're a savvy buyer or seller and know a lot about the business it may be OK to hire a real estate agent that's new to the business. If you're not so knowledgeable about real estate, you may want to hire a more experienced real estate agent.
