Buying or Selling a home in the areas of Fort Myers or Cape Coral and wondering which square footage figure you should go by?
Home size is one of the key figures used in comparisons.
But you may have different measurements to choose from, as you’ll learn in this video, including builder, appraiser, tax records and possibly owner records.
Which one is right, and which one is best?
The official figure is the one in tax records – typically, the county.
Any other figure must be documented by a builder’s floor plan
an appraisal or an official floor plan, prepared by a company for a fee.
If your house has been remodeled and you’re planning to sell
you may want to confirm that the official record matches your actual house – and update if required.
Most lenders will require an appraisal which will verify the figures you used. So be accurate and keep records to make the most of your sale.
At Title Junction we care about helping you stay informed throughout your real estate transaction. Have questions? Give us a call at 239.415.6574.
In case you missed it, check out our last Title Junction post: What Is A Loan Commitment Letter?