Author Topic: lady who bought a house for $1.75 via ebay (Read 309 times)

Mr. O · « **on:** October 02, 2008, 06:14:52 AM »

SAGINAW, Mich. - With a winning bid of just $1.75, a Chicago woman has won an auction for an abandoned home in Saginaw. Joanne Smith, 30, recently was the top bidder for the home during an auction on eBay, The Saginaw News reported. Her bid was one of eight for the home.

"I am going to try and sell it," she told the newspaper. "I don't have any plans to move to Saginaw."

Smith said she hasn't seen the property or visited Saginaw, which has been hard-hit by economic troubles in recent years.

There's a notice on the door of the home saying a foreclosure hearing is pending, the newspaper said. She must pay about $850 in back taxes and yard cleanup costs.

The Saginaw News said it could not reach the seller, Southern Investments LLC, for comment.

yahoo.com

Mr. O · « **Reply #1 on:** October 02, 2008, 06:15:24 AM »

I have to say that was funny as hell and fucked up at the same time.

'EclipZe · « **Reply #2 on:** October 02, 2008, 10:49:09 AM »

wtf @ buying a house for just $1.75... you can't even buy a big mac for that money.

penenstamp · « **Reply #3 on:** October 02, 2008, 11:05:06 AM »

That's fucked up for the seller

Doggystylin · « **Reply #4 on:** October 02, 2008, 11:19:06 AM »

Also keep in mind that house is a piece of shit and she's going to end up spending way more money than that just to be able to do anything with it now.

'EclipZe · « **Reply #5 on:** October 02, 2008, 11:53:34 AM »

Quote from: little girl on October 02, 2008, 11:19:06 AM

Also keep in mind that house is a piece of shit and she's going to end up spending way more money than that just to be able to do anything with it now.

she will still make profit I guess, or it has to be an utter shit hole if you can't even make profit when you buy a house for $1.75 lol..

Ali Tha Great · « **Reply #6 on:** October 03, 2008, 01:09:51 AM »

Quote from: little girl on October 02, 2008, 11:19:06 AM

Also keep in mind that house is a piece of shit and she's going to end up spending way more money than that just to be able to do anything with it now.

would u buy the house in ur sig for that amount little girl?

Doggystylin · « **Reply #7 on:** October 03, 2008, 09:50:29 PM »

hell yeah big ali

hellrazor86 · « **Reply #8 on:** October 04, 2008, 12:17:56 AM »

Quote from: EclipZe on October 02, 2008, 11:53:34 AM

Quote from: little girl on October 02, 2008, 11:19:06 AM
Also keep in mind that house is a piece of shit and she's going to end up spending way more money than that just to be able to do anything with it now.

she will still make profit I guess, or it has to be an utter shit hole if you can't even make profit when you buy a house for $1.75 lol..