Woman Buys House on eBay – for $1.75 - Sitcoms Online Message Boards

Brian Damage · 10-02-2008, 10:51 PM

Just how bad the housing market really is hit home Wednesday after the dust settled on the auction of a residence in Saginaw, Mich.

With all of eight bids on eBay, the abandoned home went to Joanne Smith, 30, of Chicago – who, reports the Saginaw News, paid a grand total of $1.75.

"I am going to try and sell it," said Smith, who is originally from Miami and doesn't intend to leave Chicago, even to visit her new house. "I don't have any plans to move to Saginaw."

Besides shelling out her bargain price, Smith has until March 31 to pay back taxes and a bill for weed cleanup on the property. That comes to about $850.

''The people who I bought the house from, they are not giving me any information about it,'' Smith said. ''I know that the property is abandoned and that there are taxes owed on the house, but all I have is their e- mail.''

The sellers could not be reached by the Saginaw News.

http://www.people.com/people/article...230704,00.html

Purffin · 10-04-2008, 10:14 PM

WoW! That's crazy , i wish i could get in on a deal like that.

Wreckless · 10-04-2008, 11:17 PM

How is it that the previous owners/sellers get $1.75 but don't have to pay nothing on the house

10-02-2008, 10:51 PM	#1
Brian Damage I'm Rich Bitch Forum Icon Join Date: Feb 03, 2002 Location: What Ain't No Country I Ever Heard Of...They Speak English in What? Posts: 63,107	Woman Buys House on eBay – for $1.75 Just how bad the housing market really is hit home Wednesday after the dust settled on the auction of a residence in Saginaw, Mich. With all of eight bids on eBay, the abandoned home went to Joanne Smith, 30, of Chicago – who, reports the Saginaw News, paid a grand total of $1.75. "I am going to try and sell it," said Smith, who is originally from Miami and doesn't intend to leave Chicago, even to visit her new house. "I don't have any plans to move to Saginaw." Besides shelling out her bargain price, Smith has until March 31 to pay back taxes and a bill for weed cleanup on the property. That comes to about $850. ''The people who I bought the house from, they are not giving me any information about it,'' Smith said. ''I know that the property is abandoned and that there are taxes owed on the house, but all I have is their e- mail.'' The sellers could not be reached by the Saginaw News. http://www.people.com/people/article...230704,00.html Attached Images
	__________________ The Key to the Kingdom of Heaven: John 3:3 *Money Doesn't Buy Happiness...But I'd Rather Cry in My Private Jet*

10-04-2008, 10:14 PM	#2
Purffin Member Frequent Poster Join Date: Sep 25, 2008 Location: Texas Posts: 315	WoW! That's crazy , i wish i could get in on a deal like that.

10-04-2008, 11:17 PM	#3
Wreckless Member Forum Fanatic Join Date: Nov 04, 2007 Location: Banned Posts: 9,406	How is it that the previous owners/sellers get $1.75 but don't have to pay nothing on the house