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Reply to "House listed as 4 bedrooms but only 3 are legal "
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[quote=Anonymous][quote=Anonymous]Bank and insurance are going to treat the house as a 3 bedroom. Your agent needs to run comps in the area for 3beds. That's the price the bank is going to approve your loan for--so negotiate from that point.[/quote] +1. But it won't drastically alter your price especially if your house eg has a newer roof. In my neighborhood this year 3 very similar homes with similar number of bedrooms sold for different prices and two of them within a couple of weeks. One of them had a new roof.[/quote]
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