I considered an alternate title - "Seller's Belief" - Does Size Matter? - but since Kathleen Daniels posted about a completely different topic today - with an outrageous title - which of course I was compelled to re-blog - I thought I would tone it down a little bit,
There has been a trend I've noticed lately - of the square footage of the home per "Tax Records" not matching the Seller's belief - which is usually a higher number.
Sometimes the Seller's belief is supported by a previous appraisal - which is great.
Sometimes the Seller's belief is supported by the floor plan provided by the builder - which has square footage prior to any "custom additions". Not quite as good as an appraisal - but better than "Seller's belief" by itself.
Sometimes the Seller's belief is supported only by...well...Seller's belief. Problematic. While we can enter square footage into the MLS "Per Owner" - what happens if the Buyer's Appraisal tells a different story?
In my opinion, it's a good idea for homeowners to be aware of what the tax records for their property show to be the square footage - and if there is a discrepancy - get it "fixed" well in advance of listing their home for sale.
The last thing a Seller needs is a Buyer Agent advising their Buyer that there might be a "problem" with stated "square footage" of the property.
What say you?
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