Home Buying in 30032>Question Details

Regina, Home Buyer in 30032

The 3/2 that we want to buy with is actually a 2/2 w/ bonus room. Can we bid lower due to false advertising?

Asked by Regina, 30032 Mon Mar 30, 2009

The "third bedroom" is the basement space. It has a bathroom and a closet around the corner from the main area, one walk-out exit and two high small windows. There is no living room space upstairs. The only wall space available for a TV is in the basement, where the current owners actually have theirs.

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You may submit an offer for any amount you wish and for whatever reason you wish. Likewise, The Seller is free to accept or reject any offer. I would make sure that any offer is contingent upon an Appraisal. The appraiser will take into consideration the number of rooms and square footage of the property to assess the value of this house. If you are obtaining a mortgage loan for the purchase of this house, then your lender will most likely perform an appraisal as the amount they are willing to loan to you is dependent upon the appraised value of the property.
2 votes Thank Flag Link Mon Mar 30, 2009
Bid whatever you want. The room count in many MLS services often includes finished basements, that may be the issue here. If you walked the house then you know if it works for you - what they call a room makes no difference.

If you want to see more on this very issue - http://www.hrmiller.com/is-it-a-br-or-den.asp

1 vote Thank Flag Link Mon Mar 30, 2009
If the room has a closet in it then it counts as a bedroom, even if it is hardly bigger than a closet itself. However you can bid whatever you like. No one can force you to pay more than what you want.
Web Reference: http://sellearth.com
0 votes Thank Flag Link Fri Apr 8, 2011
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