I have More Land!

When you do a refinance, the appraiser will measure the home.. regardless of what the county assessor has in their data base, the appraiser will use the actual square footage.. Now there are several situations where this can be a problem.. If your home is larger than what the assessor office shows.. then it's possible there was an addition.. If the addition was permitted, then the assessor should have know about the added square footage.. But if the addition was not permitted, then so long as the work was done in a "Workman" like condition, you shouldn't have a problem.. But if the work was poor, it could affect your appraisal. It's also possible that the SF was entered incorrectly at the county level.. This would have been good for you, since most counties asses property taxes based on SF.. so, if you let the county know, you will end up getting a larger tax bill... I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893

Yes it could affect your refi as the value could pissibly benefit your rates, etc.Please contact me to answer your questions.

Just for clarification.. your title says "I have More Land!".. but in the question, you say "my home is actually 1,100sq. ft. larger than listed".. If your HOUSE is 1100SF larger, then my answer above is applicable.. if your LAND is larger, then its possible your apprised value can be slightly higher, or it might not have any affect at all.. but it definitely wont be worth less.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893