Buying a Home with Sq. ft discrepancy
Hi,
My Name is Raghu and I am looking into investing , but before even i proceed into RE investing.,
I am purchasing my Single Family residence home in illinois. I have noticed that the MLS states the sq. ft as 2881, Based on the sq. foot, When I made an offer, I offer at $101/sq. ft, costing at $282K.
When i requested a Home insurance quote, i found out the area is 2521 sq. ft. its almost 360sq. ft difference.
My realtor’s answer about discrepancy is because, they do not count the common areas and walk ways.; not quite satisfactory.
My Attorney has not responded, for the past 2 days..
I am planning to close soon.,
I feel I am paying too much.
Appreciate your advice on how to proceed.!!!