With the economy in such a tailspin, it can feel like your dollar doesn’t go far these days—but for a Chicago woman, a dollar and some change stretched all the way to Saginaw, Michigan and bought her a house.
The 30-year-old woman won her E-Bay bid of $1.75 for an abandoned foreclosed house.
She was one of eight who were vying for the property.
The Saginaw News reports that in order for her to claim the house, she’ll have to pay about $850 in back taxes and pay for cleaning up the yard.
The Chicago woman to the newspaper that she doesn’t have plans to move to Saginaw and she plans to resell the home.
P.S. If you're facing foreclosure, Chapter 13 bankruptcy may help you save your home.
Tags: chapter 13 bankruptcy, foreclosed home, foreclosure
This entry was posted on Tuesday, October 7th, 2008 at 4:58 pm and is filed under Home Foreclosure. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
If a bank goes into bankruptcy will a bank treaurers check bounce or are those funds set aside