Coveted(?) Crib: The House That $1.75 Bought

CasaSugar — Sun, 05 Oct 2008 08:30:44 -0700

A woman from Chicago is the proud winner of the eBay auction of an abandoned home in Saginaw, MI, according to Saginaw News. 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, 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, read more.

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