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Hmm...

April 19th, 2015 at 09:37 pm

We forgot to bring in the mail yesterday, but my sister picked it up this afternoon. One envelope contained a check, with a rebate of a full month's worth of condo association dues: $696.03!

I wasn't expecting it; I thought that was figured into closing. So I'm not going to cash it right away. I emailed the title company contact that sent me the amount I needed to bring to closing. Hopefully she'll have some insight.

I can't help but get my hopes up that it's a real windfall and not a mistake, but I'll wait to find out before I count it as ours.

9 Responses to “Hmm...”

  1. creditcardfree Says:
    1429477855

    Do you have your HUD statement? At closing it should have shown on that if included at that time. If it doesn't show there...it is yours! At least that's my opinion. Smile

  2. ceejay74 Says:
    1429478388

    I do. There's a section "Amounts paid by seller in advance" which includes HOA dues 4/9 to 4/30. That section ends in "Gross Amount due to seller" which makes it seem like they're refunding the portion of April dues for the part of the month we wouldn't own the condo anymore. At least that's what I thought it meant!

  3. creditcardfree Says:
    1429478568

    Yes, it sound like on the HUD they refunded you only those few days. It does sort of seem you were refunded too much...a full month plus the partial month. If I'm understanding.

  4. ceejay74 Says:
    1429478613

    But, then again, there's another part that's "Settlement Charges" and "April Dues to HOA" looks like it's been added to our closing costs. So maybe we effectively paid them twice, once the regular way and once thru closing costs?? So confusing.

  5. creditcardfree Says:
    1429479742

    Yes, maybe you did pay twice! If so, you are due the refund. Which seems more to be the case based on those two line items.

  6. FrugalTexan75 Says:
    1429483217

    That'd be a great windfall if it truly is yours!

  7. ceejay74 Says:
    1429484779

    Had my downstairs neighbor (who's a real estate lawyer) look over it, and he says I'm right! Yay, unexpected money. Smile

  8. FrugalTexan75 Says:
    1429486176

    Sweet!

  9. CB in the City Says:
    1429537737

    Nice!

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