ANSWERS: 1
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They probably have not changed... it depends on the state you live in but normally if a home has a floor that ANY PART of it even only 1 square foot in one corner is below grade that floor is not counted in the square footage as far as living space. You need to review your last appraisal and the new one to make sure that that is really the issue or has one made a mistake. I have been in the mortgage industry since 1992 and have seen everything from lenders and realtors that have lets say had things fixed so that people would qualify for a home -to- just someone making a mistake.
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