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Updated about 8 years ago on . Most recent reply

User Stats

79
Posts
50
Votes
Chris Isaacson
  • Real Estate Agent
  • Rocklin, CA
50
Votes |
79
Posts

Hubzu property discrepancy

Chris Isaacson
  • Real Estate Agent
  • Rocklin, CA
Posted

I am in contract on a house through Hubzu. The property is listed as a 1/1 960 sf on MLS and tax record, however, Hubzu has it as 2/1 1500 sf. There was a note in the description that says the property is larger than the sf listed. The county has no records of permitted additions and the property does not measure up to the 1500 sf.

I understand Hubzu is a intermediary service and they don't care, I don't really expect them to. With that said I am sure other bidders assumed the listed information was somewhat correct and caused a little more action than expected.

My question is, has anyone been able to get a positive resolution with a solution like this or is it not even worth the time? (By resolution I mean a reduction in purchase price or some form of credit)

Also, who did you contact? The listing agent has affirmed she is just a paper pusher on this transaction which leaves my only contact as Hubzu. Should I continue to ask the agent to relay the information to the bank or is Hubzu the correct contact?

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