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Barnominiums?

37,794 Views | 35 Replies | Last: 9 yr ago by MasterAggie
Col. Steve Austin
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4:44p, 7/31/14
AG
Well I guess you never know what you might find inside a "barn" these days.
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MasterAggie
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4:53p, 7/31/14
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quote:
My friend who's a builder in West Texas says most barndominiums have to be built with cash or very little financing because comparables are very hard to find for mortgage underwriting.



This is the most ridiculous rumor I have ever heard.


Seeing as how it is VERY common for a lot of lenders to take that stance it is not a "rumor". A ridiculous excuse...yes. There are a lot of lenders that are not interested at all in financing them.
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