Found a Home Through a Wholesaler

[AJ Aispuro]

We recently purchased a home through a wholesaler. We are in the 5th day of the process and we just found out that the 1800 square foot home built in 1905 as stated on the MLS is only really (legally recorded) as a 960. We personally went to the city and county to confirm the footage and they show the footage of 960.

Can we pull out of the deal and take our deposit back because they lied and/or mistakenly provided us with the wrong square footage?

[Account Closed]

Originally posted by @AJ Aispuro:

@Account Closed we have not approach the wholesaler about the possibility of canceling because after questioning them about the square ft. of the house they said we were suppose to have done our due diligence... but only have 3 hours to bid on this property as is... it didn't really leave us that much time. 

The house is a two-story house with an addition to the back yard sitting on a zone-3 property. So we saw the U.S.S. Minnow and it physically still is... except on paper. 

 There are a couple of reason the numbers might not match. 1) An addition was built and never reported to the county/city. So, the physical size is one number and the number on the books is less. This means the property taxes are lower. 2) At some point the original house was burned down/torn down and a new bigger structure built and teh records didn't get updated properly.

I would take a tape measure and measure the outside of the building and double it (since it's a two story) to get an approximate square footage. If I was happy with the number, I'd carry on with my original plans for it.

However, if the total square footage of floor one, floor two and the addition added together = 960 sq ft, that is the smallest two story house I've ever heard of. That's like maybe 22' x 22' per floor. I think you'd have noticed.