Woman buys huse for $1.75 on eBay
 

http://news.yahoo.com/s/ap/20081001/...odd_cheap_home

She was ripped off -- me thinks!

http://d.yimg.com/us.yimg.com/p/ap/2...B5hmwkQPUbPQ--

She will make out big if she bulldozes and plants tomatos.

Old house probably had a leaking septic tank producing extra fertile dirt. :1orglaugh

She could by a whole city block in Detroit for about 30 bucks.

how does the house get delivered?

They plan on hauling it with camels:error

Looks like Alienq's Crib

Can't believe she actually got a loan for that house

Do you really think she went to the bank to borrow $1.75 man times are tougher than I thought!:error

what? i havent been seling my home, wtf?

"A home is seen Sept. 17, 2008, in Saginaw, Mich.

With a winning bid of just $1.75, a Chicago woman has won an auction for the abandoned home in Saginaw. Joanne Smith, 30, recently was the top bidder for the home during an auction on eBay, The Saginaw News reported, in September 2008. Her bid was one of eight for the home. She must pay about $850 in back taxes and yard cleanup costs.
(AP Photo/The Saginaw News, Melanie Sochan)"

Well I guess the yard is worth at least 1k $


http://www.arp.tv/images/showicons/flip.jpg

foreclosure lol

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ouch $850 in clean up costs and taxes ....... bulldoze definitely lol - could set up a few townhouses or units or something and rent them out!

.. or lease parts of it as camping ground and have her own little pond etc lol.

That's crazy!

What a rip-off. The property value is negative! :)

The winning bid of $1.75 wasn't FOR the house. The $1.75 won her the BUYING of the house, which is going to cost at least $1,000.

Then, there's no way to resell it. She'll have to pay yearly fees on it. Eventually, the city will force her to demolish it. Which is going to be very expensive. She basically bought a piece of land for a few grand.