OfflineWhat a deal this lady got! Maybe someone who lives in that area can make contact with her and get a good deal. It looks like a cute house.
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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.
Information from: The Saginaw News, http://www.mlive.com
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I wouldn't be too sure about that. Some of the houses online look 'cute' or even livable, but in reality are complete dumps!! I did the same thing a couple years ago, I bought a 2/1 in MI from a tax lien sale for pennies on the dollar and can't GIVE that house away! Chances are if she got it that cheap, there's a good reason!
All I can say to her is BUYER BEWARE!!!
Psalms 118:23 "This is the LORD's doing; it is marvelous in our eyes."
I live somewhat close to that area and it is becoming a very danderous place to live. a infant was just shot in the head in a driveby shooting not to long ago up there. It's getting worse.
I'm even happier that I just sold my houses there then... LOL!
Psalms 118:23 "This is the LORD's doing; it is marvelous in our eyes."