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Updated over 6 years ago,

User Stats

143
Posts
187
Votes
Nolan M.
  • Rental Property Investor
  • Mesa, AZ
187
Votes |
143
Posts

Selling a house with a bomb shelter?

Nolan M.
  • Rental Property Investor
  • Mesa, AZ
Posted

I'm working on a flip that has a bomb shelter. The entrance is technically inside the house, but its in the back corner and the door opens to the backyard. There is a manhole style hole in the ground with ladder rungs going down about 10 feet and the actual shelter is about 100 sqft. My agent has been calling appraisers and lenders and its looking like financing will be an issue because there are no other bomb shelter houses in town that have sold with financing. Town only has about 8K people so I'm sure that doesn't help. Do any lenders or appraisers have an opinion on this?

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