Property size is smaller than the tax role-assignment of contract

[Irfan Saeed]

Hello All - Would be very thankful if someone can respond to this I am buying a property from wholesaler. Upon appraisal the property was found to be 150 less than the tax roll. This will eat up most of my profit. I have 6K non-refundable deposit with wholesaler. I talked to him and he is trying to make excuses. My question is if he is not willing to return my deposit what are the options do I have considering the deposit was not paid to the title but to the wholesaler directly. Thanks

[Cody L.]

Originally posted by @Irfan Saeed:

As per your suggestions even if I had not done the appraiser and did not know about the actual size of the property the next buyer would have come up with the appraisal with the right size and it will either be a sale falling apart or I have to give a discount. 

I would ask you another questions as a buyer what would you suggest to avoid this problem in the future.

 I don't see it as a problem.  I've bought $50m in property.  Not even once have a looked at the survey done and thought "Gee, does this match what's on the tax records?"  Who cares (IMO).