House listed as 4 bedrooms but only 3 are legal

[Anonymous]

OP is your realtor a buyers agent? If not they need not put your interests first, they and listing want sale to go through no matter what to get the commission.

[Anonymous]

I'm surprised the listing and subsequent offer went this far without this coming up sooner.

[Anonymous]

You need a big discount.
They need to lower price to make up for that error by at least 25%.

[Anonymous]

Anonymous wrote:You need a big discount.
They need to lower price to make up for that error by at least 25%.

lol. 25 percent? OP has no contractual mechanism to void the contract. And it is highly unlikely that it will affect the appraisal.

[Anonymous]

Anonymous wrote:

Anonymous wrote:You need a big discount.
They need to lower price to make up for that error by at least 25%.

lol. 25 percent? OP has no contractual mechanism to void the contract. And it is highly unlikely that it will affect the appraisal.

I agree 25% is absurd, but the sale could absolutely be cancelled for misrepresentation and it will have an effect on the appraisal amount.

About $20k-30k seems about right.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You need a big discount.
They need to lower price to make up for that error by at least 25%.

lol. 25 percent? OP has no contractual mechanism to void the contract. And it is highly unlikely that it will affect the appraisal.

I agree 25% is absurd, but the sale could absolutely be cancelled for misrepresentation and it will have an effect on the appraisal amount.

About $20k-30k seems about right.

Common now $20k for extra bedroom lol?

[Anonymous]

Anonymous wrote:You need a big discount.
They need to lower price to make up for that error by at least 25%.

We are on the market and of course would love a great deal. But you are simply ridiculous. If anyone suddenly give me 25% off a bunch of antennas will be going up red flag red flag red flag

Just an extra bedroom not a big deal. $10k credit is fair.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You need a big discount.
They need to lower price to make up for that error by at least 25%.

lol. 25 percent? OP has no contractual mechanism to void the contract. And it is highly unlikely that it will affect the appraisal.

I agree 25% is absurd, but the sale could absolutely be cancelled for misrepresentation and it will have an effect on the appraisal amount.

About $20k-30k seems about right.

Common now $20k for extra bedroom lol?

Bedrooms are pretty fundamental parts of houses. The number of bedrooms is usually the main requirement buyers have.

[Anonymous]

Yes! Look at listings.
I would be very suspicious. Homeowners are shady, realtors are shady, the "permit" stuff is bullsh#t, and who knows what else is lurking wrt to structure, maintenance, grading of lot and waterflow. Get really really good inspections if you still want this. I would walk away because it was misrepresented.

In 22205 a 4th bedroom adds $30k or more to house value.