Shop + House = Shouse

Posted By: Patricia

Shop + House = Shouse - 11/27/18 08:42 PM

The bank is making a loan to purchase 85 acres and build a "Shouse". I am saying this is a TRID loan because is will also have living space. Right?
Posted By: raitchjay

Re: Shop + House = Shouse - 11/27/18 08:45 PM

Unless this shop has some commercial purpose (as opposed to just being used as a typical shop by the homeowner), i'd say yes.

BTW...we call those "shomes" here. smile
Posted By: RR Joker

Re: Shop + House = Shouse - 11/28/18 02:02 PM

Y'all are so fancy...we just call them a metal building you can live in. laugh!
Posted By: raitchjay

Re: Shop + House = Shouse - 11/28/18 03:27 PM

Well, i had to become a "shome" convert....lenders were calling it that and i was like "huh?"...and they filled me in. smile
Posted By: RR Joker

Re: Shop + House = Shouse - 11/28/18 05:20 PM

laugh! Reminds me a bit of designer dogs...when the day is over they are still a MUTT.