Shrinking House

[M.Terry]

We recently purchased a home listed as 1800 sq. ft. About a month after closing we received a copy of the appraisal listing the home as only being 1640 sq. ft.

As a result, we feel the seller/broker should refund the cost of the sq. ft. not delivered in the sales contract.

Is there legal support for our thinking? If yes, who should we contact first?

Cramped in Michigan

 

[LorettaL]

I don't think that 160 square feet is a material defect in your house. Typically the listing just gives an estimate based on the length and width of the outside of the house; the appraisal which the lender probably relied upon would give a more exact measurement because that looks at the square footage of the inside of the house. You could talk to your broker about it and see what she/he says but I don't think you are going to get anywhere with this complaint.