Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > New Jersey
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 04-22-2019, 07:06 PM
 
195 posts, read 135,769 times
Reputation: 405

Advertisements

In contract for a pricey duplex in Newark. close to downtown but not ironbound. It cookie cutter beyonne style price nearly 500k....Its square footage is nearly 4k and the lot is almost the same...(which I thoughtwas wierd) w I cant find a duplex with nearly as much sqft anywhere in newark..... only 3 family and above. it doesnt look particularly big.its in tax records. my realtor said that the attached garage and adjacent rm.behind was probably counted inappropriately. the seller is motivated and only had one offer .. property was on market for 90 days before my offer other realtors tell me its look high for the neighborhood ... should I proceed does this look fishy... I'm still waiting on appraisal
Reply With Quote Quick reply to this message

 
Old 04-30-2019, 05:08 PM
 
7 posts, read 4,660 times
Reputation: 15
Local agent here, If you're under contract you would need a valid reason to break contract. If the seller intentionally misrepresented the sqft you might have a leg to stand on, but if both of you were going based off tax records you might be stuck. If there were no comps, what did your agent comp it against when you put in your offer?
Reply With Quote Quick reply to this message
 
Old 04-30-2019, 10:26 PM
 
195 posts, read 135,769 times
Reputation: 405
comp was on pending sale
Reply With Quote Quick reply to this message
 
Old 05-01-2019, 07:24 AM
 
7 posts, read 4,660 times
Reputation: 15
Your agent showed you one comparable sale, that didn't sell yet?
Reply With Quote Quick reply to this message
 
Old 05-01-2019, 12:43 PM
 
195 posts, read 135,769 times
Reputation: 405
yes..she comped out a few that sold a few months and a pending.. the pending is across the street and recent but it has yet to be sold..the sq footage in my is larger but it looks just like all the homes...might be a square footage issue that inflated the size
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:




Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New Jersey
View detailed profiles of:

All times are GMT -6. The time now is 10:10 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top