Woman buys home on eBay -- for $1.75

[IntenseOperator]

October 1, 2008

FROM THE ASSOCIATED PRESS

SAGINAW, Mich.--With a winning bid of just $1.75, a Chicago woman is getting an abandoned home in Saginaw, Michigan.

The Saginaw News reports 30-year-old Joanne Smith recently was the top bidder for the home during an auction on eBay. Her bid was one of eight for the home, which she says she plans to sell.

Smith says she hasn't seen the property or visited Saginaw. The newspaper says she also must pay about $850 in back taxes and cleanup costs.

 

[3 Seconds]

Sounds fun.

Any other houses for sale on Ebay that are in the $10 range? :mj07:

 

[SixFive]

October 1, 2008

FROM THE ASSOCIATED PRESS

SAGINAW, Mich.--With a winning bid of just $1.75, a Chicago woman is getting an abandoned home in Saginaw, Michigan.

The Saginaw News reports 30-year-old Joanne Smith recently was the top bidder for the home during an auction on eBay. Her bid was one of eight for the home, which she says she plans to sell.

Smith says she hasn't seen the property or visited Saginaw. The newspaper says she also must pay about $850 in back taxes and cleanup costs.

she'll probably need to take a mortgage out on her new property to pay those taxes! :mj07: I can't stand all the ebay nits who make bs bids like $1.75 for a house :mj07:

 

[MadJack]

this is the house.

i would have only gone to $1.10

 

[freelancc]

:00x31

 

[3 Seconds]

I would still think that is a good investment for a purchase price of $851.75

:shrug:

 

[vinnie]

this is the house.

i would have only gone to $1.10

looks like a home in the washington balti area only thing missing is the new caddy parked out front :shrug:

 

[ga_ben]

To be fair I've always heard the camera adds 10 years.

 

[SIMON]

If they threw in a bowl of soup, I might have outbid her.

 

[Agent 0659]

this is the house.

i would have only gone to $1.10

Fence needs a little work, but other than that........

 

[LetsMakeMoney]

this reminds me alot of the houses i saw in belize when i visited last year :scared