Thank you for inquiring about this property. The home is two official bedrooms only. The bonus room can certainly be used for whatever you like, however, because of being non-conforming it can not be listed as a bedroom for selling purposes.
Additionally, you should know its subject to short sale requirements. If you are looking to obtain a first time buyers credit (which expires at the end of November) you should know that prompt action will be required in obtaining any short sale property. Short sales typically take many many weeks to procure. For that reason I would suggest you contact me or another agent quickly to begin finding the home you wish you purchase. In any normal transaction you will be looking at 45 to 60 days easily for closing of a transaction. A short sale can and most likely will take much longer.
There are efforts to extend the first time buyer tax credit but there is no guarantee that attempt will result in an extension. I would suggest you don't hesitate. I'm available for you if you wish to discuss your options.
Again, thank you for coming to trulia for answers!
Real Estage Broker
Providing REAL Service
Prudential NW Properties
6400 SE Lake Rd., Suite 200
Portland, OR 97222
That house has 2 bedrooms and 2 baths, plus a living room, kitchen & dining area, as well as a "bonus" room at the far end of the house from the bedrooms. A "bonus room" is usually a room that doesn't technically qualify as a bedroom because it lacks a closet or the type of fire egress required of a bedroom, or because it has some distinction that would cause the listing agent not to classify the room as a family room, media room, den, etc.
I hope that helps. Feel free to contact me if you have any additional questions.
Thanks, Clarke Donelson
Windermere/Cronin & Caplan.