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Loan Will Let Family Stay In Cave Home

From Loan should allow Mo. family to stay in cave home:

In this Feb. 26, 2009 file photo, the home of Curt and Deborah Sleeper is seen in Festus, Mo.

Loan should allow Mo. family to stay in cave home

By Betsy Taylor, Associated Press Writer – Tue Mar 10

ST. LOUIS – 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.

"We’re excited about it." To celebrate: "We’re throwing a party at a friend’s cave," he said.

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, but Sleeper says the house will remain there until paperwork is completed on the loan.

Jon Demarest, owner of Logical Source Inc., confirmed that his the Fairfield, N.J.-based archiving and medical record company offered the Sleepers a mortgage.

"I was intrigued by it," Demarest said. "Someone who has put that much into it shouldn’t lose it."

The Sleepers built their cave home with the help of friends. A gray timber frame exterior was constructed in the 37-foot-tall opening of the cave. Thirty-seven sliding glass doors also are used as windows throughout the three-story, three-bedroom home, allowing natural light throughout the finished sections of the home.

The walls and ceiling are natural cave stone, but it has amenities including a large soaking tub in one bathroom and a fully equipped kitchen.

Sleeper said his family’s struggle to keep their home has resonated with many, including some who have been unable to pay their own mortgages.

"I’ve got 8,000 e-mails in my inbox. Everyone wants to wish me luck, but also tell me their heartache," he said.

"It’s certainly been almost life changing — except I’m keeping my cave, so not that life changing," he said. "I’d love to hear the end of the story read, ‘and they lived happily ever after.’"

We suspect the media thought they had a real tear-jerker human interest piece in this story. A parable for our times.

But actually, the interior looks fairly nice. Swank, even:

The main level of the three-story home of Curt and Deborah Sleeper built in a cave, Thursday, Feb. 26, 2009 in Festus, Mo.

The entry room is furnished like a normal home in the cave home of Curt and Deborah Sleeper, Thursday, Feb. 26, 2009 in Festus, Mo.

Of course Mr. Obama, the rest of the Democrats and “greenies” won’t be happy until we are all living in caves.

With government subsidized mortgages, of course.

This article was posted by Steve on Wednesday, March 11th, 2009. Comments are currently closed.

8 Responses to “Loan Will Let Family Stay In Cave Home”

  1. proreason says:

    How could this possibly have happened without government intervention?

    One can only assume that the cave owners are white, and like all other white people, have taken advantage of the system to exploit people of other races while laughingly calling it good fortune.

    And then they have the hutzpa to say they built the home with their own hands. Obviously, that is another slap at people who don’t have hands, or are otherwise unable or unwilling to work.

    They should be thrown in jail, and the home given to a deserving poor family of color.

  2. AuntieAM says:

    I’m not sure, but I think this house might have been featured on HGTV during one of their “unusual homes” specials. If so, it’s really kind of nice inside, but for the life of me, I don’t know how you’d keep the walls clean…

  3. U NO HOO says:

    They live in a cave and they have money problems?

    How can that be?

    “a large payment that was coming due on the property”

    A balloon payment on a loan from Angelo?

  4. russ51 says:

    Hello proreason and auntieAM

    Well what can I say about Curt? I was one of those, ‘friends‘ that helped Curt put that little palace together…

    It really is a nice place… At one time it used to be a roller rink and they also used to have rock concerts… (More Pictures Here>)

    The thing was that at one time both Curt (Curt was designing web sites etc) and Deb were making some seriously good money so the purchase of that property wasn’t a biggie…

    I had warned Curt about the possiblity that his job with its normal bust and boom cycles that paying a $160K for the property might be a dicey situation…

    What I’m NOT happy about is the possibility that the loan Curt is getting will be a result (at least in part) of that asinine stimulus package…

  5. TwilightZoned says:

    I saw this family on TV. The “cave” was nice, if you like living in a cave. It seemed to me there was a fair amount of income coming in also. If I had to guess, a lot of money was spent to make it into a home.

  6. Landshark says:

    Festus? As in the old coot on Gunsmoke?

    • Barbie says:

      Yes, Festus, MO was named after Festus on Gunsmoke. In fact, I think Festus and Matt Dillon probably settled Festus. Along with Miss Kitty, of course.

      :)

  7. Rusty Shackleford says:

    So, I think how this really happened is that the Obama cabinet, behind closed doors in a secret session waas trying to figure out what to do with all that money…and Barry says, “Hey, let’s give it to those “people who live in caves in misery”. He was, of course, referring to the taliban in Afghanistan. However, the none-too-sharp scribe, Biden, who’s pencil needed sharpening and the paper was all wet due to the sweat pouring off of him (the thermostat was up to 88 in the oval office) had trouble reading his own writing. Looking at it again…he only saw, “peop……caves……mis….i….y. And, owing to the fact that he cannot spell “misery” and that he relayed his this message over the phone to “interns” with admittedly far better English skills than he, figured he meant “Missouri”. Checking their “facts”, the interns noted the most recent soon-to-be-homeless couple, living in a cave in Missouri.

    The rest is academic.

    Purely an honest mistake.


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