A woman from Chicago is the proud winner of the eBay auction of an abandoned home in Saginaw, MI, according to Saginaw News [1]. Her high bid? $1.75. Thirty-year-old Joanne Smith went up against seven other bidders to claim the house, but she has no plans to move there. "I am going to try to sell it. I don't have any plans to move to Saginaw. I don't have any plans of moving from (Chicago)," she says. This is not the story of the homes in Sicily selling for one Euro [2], though. The abandoned home is in disrepair and has changed hands seven times since 1999. And, as it turns out, the real cost of the house is a bit more than a buck-75. Smith must pay back taxes on the house and a trash/weed cleanup bill by March 31, setting the final price. To see this Saginaw home, .

Source [3] and Source [4]