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Updated almost 4 years ago on . Most recent reply

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Appraisal came back with different SQFT than the listing

Posted

Hi, 

Recently i bought a house. As part of appraisal, appraisal came back with different SQFT than the listing.

House was advertised as 2006 SQFT and tax record / Builder doc shows the same. Appraisal report shows house is with 1908 SQFT. There is a difference of 98 SQFT less.

Reached out to seller agent and they are telling what ever they listed is as per tax records (they put 2006 SQFT) and not able to reduce the price. 

Need some help / input - what are the options for me now? Closing is 1.5 weeks away.

Do i need to reach-out to attorney for checking the options / back out?

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Max T.
  • Investor
  • Philadelphia, PA
3,342
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3,930
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Max T.
  • Investor
  • Philadelphia, PA
Replied

@Prabhakaran Subramanian

Why does a difference of <100 sq ft matter to you? It’s the same house that you viewed and put an offer on.

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