All Forum Posts by: Sadie Bynum

Yup Gregory, you nailed it exactly. I can't brag that I bought a 4,000 sqft house. That's exactly why this situation is problematic. I'm super shallow, and there are no other 4,000 sqft homes anywhere else in the world but this one. 

Advice, insight, perspectives and opions are great, and I am grateful for them, and the folks that took the time to share them. Borderline insults or assumptions not even remotely based in reality? Hard pass.

@Jason Lee - I raised my concerns that the house did not seem to be 4k sqft when I did my walk throughs. I was assured by the sellers agent it was. Weeks went by and then when the appraisal was done and the home was measured, it was determined to be 3k sqft. My offer was on the 4ksqft home they marketed, advertised, and went into contract on. 

Maybe you think what happened is ok or somehow my fault - you are entitled to your opinion. We are not talking about 100 sqft. 1005 is substaintially different. But hey, if you'd be ok with it, cool.

Thanks all for your comments and ideas - they are sure to help drive my conversation with the lawyer (As some one noted, NY state requires them - I did't seek/hire one just because of this) to determine my options here. 

@Steve K - Thank you very much, that helps me put it into perspective. I wasn't particularly inclined to sue them - just really did not know what my options were - I wasn't even sure I could cancel the deal because of this. 

I appreciate the time you took to provide a detailed response - I sure needed it!

Sorry - not sure why my reply keeps posting. I get that there may just be no recourse, and agents and sellers can list a house as one thing - when it isn't. But not knowing anything, I thought I'd ask folks who have experience and knowledge in real estate. Clearly, I don't. That's what prompted me to ask...

My biggest frustration is the sellers not wanting to reduce the home. Their agent described at marked it at 4,000sqft. The mls said 4288. So the disclaimer for the mls language doesnt cover what the agent put forward, with no disclaimer. This isnt a minor difference - 1005 sqft is signifigant. It feels like a bait and switch

Yes, I've seen entire appraisal. The sellees also got the house measured after the discrepancy was discovered. No one knows why the city records are off. All measurements are identifird the same - Gross Living Area (GLA).

I just do not understand how the sellers can sell a house as 4k+ sqft, enter in to contract, and when it is determined to be 3283 and all parties agree that is the actual number, expect me to pay the same dollar amount.

@D.J. M. - Nope. Clearly identified and sold as 4288sqft. Everyone was shocked to learn of the discrepancy.

Thanks for weighing in! I actually did feel like it was not 4288 sqft when I went through. Everyone thought I was wrong and assured me the appraiser would measure it and verify that it was. Then low and behold it comes back 3283sqft. Sellers got second opionion, and it was confirmed as 3283.

I can see how one can advertise, and sell a home at 1,005 more then expect me to pay tge same sales price. I made an offer they accepted on a 4288 sqft house - not a 3283 one...

Really looking for ideas on options to resolve amicable.

Hello all - Newbie here. I'm under contract on a home I'm buying to live in and Airbnb the attached In-Law suite. The listing agent wrote that the house was 4,000 sq in his description, and the mls listing indicated 4288. One week away from closing and the appraisal comes back at value of sale price, but 1,005 sqft smaller - 3283 sqft. Asked the sellers for price reduction and they refused.

My lawyer is on vacation for the next few days and my realtor is stumped. 

What do I do? Is there any avenue for recourse or damages? 1005 sqft discrepany is signifigant, so I can not understand why the sellers would expect me to pay same price. The sellers and agent are not challenging the appraised sqft number of 3283 - just said that's what they thought it was based on city records.

Any thought?