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Old 07-23-2011, 09:39 PM
 
24 posts, read 30,727 times
Reputation: 12
Quote:
Originally Posted by Dmdpt View Post
you're making no sense. What difference does it make? You looked at the house, you apparently decided you liked it enough to make an offer, negotiate an accepted price and sign a contract and put money down. Did the house physically shrink in size since then? Is it suddenly not big enough for you because some number was slightly off?

the minimal difference you note will have no bearing on the value of the home. Appraisals are based mainly on the style of house, number of bedrooms/baths and what comparable houses have sold for in the area within a certain time frame.

So what exactly is the real problem?
No im not saying the house shrank in size.

When i saw the house realtor told me 1420 sq feet then i went on nassau website and it said its only 1280 sq feet. I went to get agent and he said the extension is not part of it. But apparently the extentsion is not an extension it's a enclosed porch and it not considered in sq feet by nassau. So without that the house value is over $400 sq feet and avg in the area is $340.
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Old 07-23-2011, 10:05 PM
 
213 posts, read 279,552 times
Reputation: 163
Well either you like the house or you dont. As stated before you liked it enough to make an offer. You can alway make your own changes later
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Old 07-24-2011, 05:29 AM
 
629 posts, read 762,348 times
Reputation: 604
No offense - but you sound like a loon. You don't want to buy a house that you liked enough to enter into a contract on because the sq. ft. was off a little? So of all the criteria for selecting the house: location, layout, condition, neighborhood, school district, neighbors, property taxes, landscaping, overall appearance, etc - the DEAL BREAKER for you is a 140 sq. ft. error in the records relating to actual sq. ft. of the structure?
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Old 07-24-2011, 05:58 AM
 
24 posts, read 30,727 times
Reputation: 12
Quote:
Originally Posted by SouthBound3 View Post
No offense - but you sound like a loon. You don't want to buy a house that you liked enough to enter into a contract on because the sq. ft. was off a little? So of all the criteria for selecting the house: location, layout, condition, neighborhood, school district, neighbors, property taxes, landscaping, overall appearance, etc - the DEAL BREAKER for you is a 140 sq. ft. error in the records relating to actual sq. ft. of the structure?
Yes i like the house neighborhood school etc. but in the future i am going to sell this house and i am afarid i wont get the proper deal because of the sq feet difference
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Old 07-24-2011, 06:03 AM
 
24 posts, read 30,727 times
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I also just again looked at the contract and it states the purchaser pay the transfer taxes it that normal.
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Old 07-24-2011, 06:15 AM
 
Location: Stony Brook
1,201 posts, read 1,522,218 times
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Quote:
Originally Posted by ny2127 View Post
I also just again looked at the contract and it states the purchaser pay the transfer taxes it that normal.
Is it a foreclosure? If not, your attorney is an idiot.
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Old 07-24-2011, 06:18 AM
 
24 posts, read 30,727 times
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I am a bigger idiot then him. I am furst time home buyer putting all my life savings into this home and they are comoletly taking advantage of me.
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Old 07-24-2011, 06:51 AM
 
Location: Stony Brook
1,201 posts, read 1,522,218 times
Reputation: 421
Quote:
Originally Posted by ny2127 View Post
I am a bigger idiot then him. I am furst time home buyer putting all my life savings into this home and they are comoletly taking advantage of me.
No, you sound like a typical 1st time homebuyer getting cold feet. Dont worry so much about the sq ft....if you like the house, its not an issue. The issue i would have is you...the seller paying the transer tqx
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Old 07-24-2011, 06:57 AM
 
24 posts, read 30,727 times
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Quote:
Originally Posted by suzook View Post
No, you sound like a typical 1st time homebuyer getting cold feet. Dont worry so much about the sq ft....if you like the house, its not an issue. The issue i would have is you...the seller paying the transer tqx
Yeah but I can not do anything about it I signed the contract. Is this sq feet a reason for me to void the contract or make changes?
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Old 07-24-2011, 06:58 AM
 
Location: Huntington, NY
7,633 posts, read 10,383,443 times
Reputation: 3413
Quote:
Originally Posted by ny2127 View Post
No im not saying the house shrank in size.

When i saw the house realtor told me 1420 sq feet then i went on nassau website and it said its only 1280 sq feet. I went to get agent and he said the extension is not part of it. But apparently the extentsion is not an extension it's a enclosed porch and it not considered in sq feet by nassau. So without that the house value is over $400 sq feet and avg in the area is $340.

If you really "overpaid", then the house most likely won't appraise for your purchase price, in which case you could have a problem getting a mortgage (depending on the amount of your downpayment).
But please, here on Long Island, it's not all about cost per sq ft!

But as has been pointed out before, if the house in contract isn't a foreclosure, why the heck are you paying the transfer tax??
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