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The Water Cooler
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Alternative Construction Methods.
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<blockquote data-quote="-Pjackso" data-source="post: 4134854" data-attributes="member: 8119"><p>I personally know of a couple that built an underground home using conventional materials (steel/concrete). Built by contractors, in a very nice HOA, good location. This was not a shoddy homeowner built house.</p><p>This was a good sized house, and was even featured in an article in one of the hippy zero-energy magazines (he showed me the article). This was a nice house, in its day.</p><p></p><p>When he finally sold it - no banks would loan on it because it was (underground/ unconventional). So he was limited to cash buyers, and there are even fewer (cash buyers) that wants unconventional homes.</p><p>It sold for a stupid low price. Essentially it was sold for slightly above land value, with a free house.</p><p></p><p>Sure *YOU* may die there, but your wife/kids will take the financial hit.</p><p>ALWAYS consider your exit strategy.</p></blockquote><p></p>
[QUOTE="-Pjackso, post: 4134854, member: 8119"] I personally know of a couple that built an underground home using conventional materials (steel/concrete). Built by contractors, in a very nice HOA, good location. This was not a shoddy homeowner built house. This was a good sized house, and was even featured in an article in one of the hippy zero-energy magazines (he showed me the article). This was a nice house, in its day. When he finally sold it - no banks would loan on it because it was (underground/ unconventional). So he was limited to cash buyers, and there are even fewer (cash buyers) that wants unconventional homes. It sold for a stupid low price. Essentially it was sold for slightly above land value, with a free house. Sure *YOU* may die there, but your wife/kids will take the financial hit. ALWAYS consider your exit strategy. [/QUOTE]
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