Advertisement

Archive for Wednesday, March 11, 2009

Loan should allow Mo. family to stay in cave

March 11, 2009

Advertisement

— An eastern Missouri family expects they’ll be able to stay in their home built inside a cave after accepting an offer of a private mortgage contract.

Curt Sleeper said Tuesday that a New Jersey-based business offered a 15-year loan with a low interest rate that should allow the family to keep their home in Festus, about 30 miles south of St. Louis.

Curt and Deborah Sleeper fell in love with the unique geography of an old mining cave in 2004 and figured out how to build a house inside of it. But they were having trouble making a large payment that was coming due on the property, prompting them to put their home up for auction on eBay.

They no longer plan to auction the home through the Web site.

Comments

Use the comment form below to begin a discussion about this content.

Commenting has been disabled for this item.