Author Topic: Earth sheltered homes  (Read 34302 times)

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jlsoaz

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Re: Earth sheltered homes
« Reply #33 on: March 17, 2012, 12:42:10 PM »
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The cons to buying or building such a house involve it being a different type of construction. Nobody builds them to sell, they build them to live in. Therefore, appraisers can't find comparable houses to match, so bankers will not loan money to build or buy them. Architects can also be stupid about designing them. One insisted on putting windows in my bedroom, presumably so I could watch the worms tunnel past.

I think it is useful to read of some experiences folks have in financing, where they are willing to share.  I paid a low price and expect to get a low price if I were ever sell.  From what very little I've seen, I think it looks correct that banks often seem to have issues in and around this type of thing.  Insurance companies also.  Since my terra-dome is technically a "dome" home, they assumed this meant geodesic dome and that the roof would leak at the joints... that type of thing.