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 ...

Because all of the LEGAL information is correct and because we insure on the LEGAL, nothing needs to be changed.Should we worry about this discrepancy?

Depending on what the rates are and the goals you have in mind, I would direct it at the loan that either has the lowest amount (so fastest to pay off) or if there is a large discrepancy in rate, pay down the higher rate one. 

Maybe the lender saw an obvious mistake in the original appraisal (significant square footage discrepancy, wrong address, 7 bedrooms instead 2, a huge swimming pool in the backyard vs subject property being a studio on the third floor).

Maybe if this was a month to month renter or some STR with owner living in other side it makes sense but you can see there is a $400 discrepancy between the units and even if the garage was converted to another room it would not add that much rent to one side in my opinion.

Hi Natalie,I would talk to someone from the auction site to confirm exactly what is being sold and then ask about the discrepancy.

Any discrepancies? 

If there are some discrepancy between what you measured and what the county has on file, you might want to check to see if there has been any additions to the property (works without permits).

Our architect gave us his calculation of the liveable square footage, which is when we discovered the discrepancy.

While Rentometer can be a helpful tool, it's essential to cross-reference its data with local insights.The discrepancy between Rentometer and your property management team's rental rate estimates might be due to the radius set on Rentometer.