Political Discussions
House sells on Ebay for $1.75
Posted by satijournal • 10/02/08 • Subscribe to this Discussion [RSS] • Report This Topic
Topics: election, mccain, obama, politics
SAGINAW, Mich. - With a winning bid of just $1.75, a Chicago woman has won an auction for an abandoned home in Saginaw. Joanne Smith, 30, recently was the top bidder for the home during an auction on eBay, The Saginaw News reported. Her bid was one of eight for the home.
news.yahoo.com/s/ap/20081001/ap_on_fe_st/odd_cheap_home
What do you think? Is it a good idea to start buying homes as investments?
User Comments
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For 1.75 hell if she sells it for 2 bucks she made a quarter. Didn't she end up paying like 875.00 for back taxes and yard maintenance or something? Still she will probably make more than she paid. -
Oh, darn. I was hoping it was the House of Representatives. -
Did you see the house? It needs to be torn down. But certainly the land it's sitting on is worth more than 2 bucks. I thought it was a very interesting turn of events. I guess you really can buy anything on EBay.
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