A converted garage can make a house feel more useful. It might serve as a bedroom, home office, playroom, or guest space. But before you count that room as part of the home’s living area, there is a question worth asking: Was the conversion properly permitted and approved? For mortgage purposes, the answer can influence how the property is described, appraised, and reviewed. A room that looks finished is not necessarily recognized as legal living space. Permits and Living Area Are … [Read more...]
