We have a restaurant in a Cave listed for sale - so I'm not sure why I was shocked to hear about a HOME in a CAVE. This home is also located in Missouri and the family is having trouble finding a bank that will re-finance the property.
More of the story is below... if you know of anyone in the mortgage business, or you yourself are in lending, perhaps you can help this family of five.
I ran across this fascinating story about a family who turned a cave in Missouri into their home.
They are not able to get bank financing so they are trying to sell it on Ebay. They have received so much exposure that the last time I looked they had over 900,000 views on their online real estate auction and there are still 11 days left.
Evidently they are having technical problems trying to answer questions and approve bidders and Ebay is working on it.
All this attention will surely bring a solution. I'm sure a bank will step in and offer financing or they will be able to sell it for a nice profit.
It's another example of how well the Internet can work for marketing. If you're interested in learning more, here is a link to their blog and forum http://www.Caveland.US
Oh my goodness, how cool is that? I wish them lots of luck and I'll pass the info along.
Debbie: With the current mortgage financing crisis as it is, I could not imagine any mortgage lender give a buyer a mortgage on this property. I would expect them to think it would be too much of a risk. Just my two cents.
Wow! Never heard of a home in a cave. But then supposedly our ancestors lived in them. Davy Crockett once owned a tavern located in a cave. Kidna sounds cool. No need for AC systems...
Your building consultant in the Fairview, TN area ~ Michael
Wow! Talk about thick walls! And no noisy neighbors! I kind of like it!