Perhaps some of the B movie pros here can help me ID this movie.
I remember seeing it in the late 80s early 90s. It was made probably close to the same time I saw it. It was kind of a B grade action comedy horror movie. It was not a straight up horror. I recall it having something to do with caverns or hell or something being under this young man's house. There was also a pet worm thing. I think the worm was a puppet or stop motion.
I have to agree house 2 was awesome. Awesomely strange, I loved the worm puppy thing. Oh, and the dinner they had after they had collected all there new "friends". That movie is a hoot.