When is the right time to take the real estate “plunge”?

♥Dee W.: When is the right time to take the real estate “plunge”?
I don’t plan on things like this – they just “happen” to me when I least expect them to.
This time, the opportunity is just too precious to ignore.
Who wouldn’t want to live in their own one-of-a-kind bomb shelter?

It’s so cheap, that I couldn’t even rent a trailer space for the monthly payments.
I’m giving it a go. It’s better to die happy in a happy little dump that’s mine!

So, who would take the plunge on their limited income in this day & age?
I have only “heard” that it was once a bomb shelter. It’s dug into a hillside with nice frontage. Even has windows & a terraced garden that someone painstakingly built piece by piece from old concrete pieces. It’s a work of art. The land is worth more than the “house”. Everything works & the inspector says it’s all in fine working order! It’s just very small & I like that. Small is good. No yard work either. It’s all rocks & dirt. Rustic. I’ll be almost 90 when it’s paid for, if I life that long!

Answers and Views:

Answer by Bert Weidemeier
I would love to retire into a mobile home.

Answer by rita
Do you actually own the land the thing is buried in, or do you rent? I don’t see anything wrong with this, actually. If it was made right it should be easy to heat and cool, since it should maintain an ambient temperature on it’s own regardless of the temperature outside.

It’s like the buried houses in Coober Pedy in Australia–only they would be real mansions compared to your little bomb shelter–but why not?!

Answer by Strange Brew
Dee W, I think you could make a home out of anything you wanted to.
Bombshelter is good but I think not having windows would get to me.

Answer by ♪Jackie Blue ♪
We are wanting to put our bi level up for sale in a couple of years. We need a house that is one level, due to our aging, back and hip problems. I heard on the news today the housing market is not expected to recover for a few years, if then. Great, just what we needed to hear.

Answer by Ms. Minerva
I am usually one to encourage my friends to go ahead and jump….but I think I agree that you would find no windows in that bomb shelter VERY boring and claustrophobic after a very, very short time.

Of all the folks on here, you remind me the least of a creature that burrows into the ground to sleep.

Answer by Whortleberry
I’m facing a similar question, Dee. I have my eye on a property that is very well priced. But I’d use it for a rental if I buy it. Now…the dark side. The housing market is still terrible, meaning if this place turns out to be a loser, I am pretty much stuck with it. I think that is what your property — the bomb shelter — poses as a challenge. If, as you suspect, you would really like it, great! But if, for reasons not obvious now, it turned out to be less desirable…oh dear. Trying to sell it could be a tough job. But you are such a smart person, as I can tell from your posts, I suspect you will view all the angles, and then do the right thing — whatever that may be!

Good luck with your project, and in the happy (we hope!) new year.