The Pros and Cons about Living on a Floathouse in Victoria BC
Posted on Apr 22, 2024 in Floathouse
Living on a floathouse in Victoria, BC, offers a unique lifestyle with its own set of advantages and challenges. A floathouse, also known as a floating home or houseboat, is a residential structure that is built on a floating platform instead of a traditional foundation on land. These homes are typically found in waterfront communities, such as mar...
The Challenges in Obtaining a Mortgage for a Floathouse?
Posted on Apr 22, 2024 in Floathouse
Securing a mortgage for a floathouse can be more complex than obtaining financing for a traditional land-based home due to several factors. Here's a breakdown of considerations regarding obtaining a mortgage for a floathouse:
1. Limited Lenders: Not all mortgage lenders are willing to finance floathouses. Some financial institutions may have specifi...