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Hangar Home financing
Anybody live in a hangar home? We are thinking of buying one but the local mortgage options are limited. Not too many comparables, and the whole contractor pilot thing is confusing for those lenders that don't understand income that varies month to month.
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You are better off referring to it as an "Out building or barn." I just built a hangar on my house and was quickly reassessed $164,000 for the addition. (Airplanes = money to the tax boys.)
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Originally Posted by GunnerV
(Post 2142189)
Anybody live in a hangar home? We are thinking of buying one but the local mortgage options are limited. Not too many comparables, and the whole contractor pilot thing is confusing for those lenders that don't understand income that varies month to month.
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