Woman purchases house in Saginaw, MI on eBay for $1.75

Bid of $1.75 on eBay gets abandoned Saginaw home

SAGINAW, Mich. - With a winning bid of just $1.75, a Chicago woman has won an auction for an abandoned home in Saginaw.

oanne 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.

"I am going to try and sell it," she told the newspaper. "I don't have any plans to move to Saginaw."

Smith said she hasn't seen the property or visited Saginaw, which has been hard-hit by economic troubles in recent years.

There's a notice on the door of the home saying a foreclosure hearing is pending, the newspaper said. She must pay about $850 in back taxes and yard cleanup costs.

The Saginaw News said it could not reach the seller, Southern Investments LLC, for comment.

She could have bought a house like that in Detroit for One Dollar

:haha:

I would tear it down and get a little more than $850 for the land!

laprimamirala wrote:

I would tear it down and get a little more than $850 for the land!

Or just wait until Devil's Night

Good Chance someone will burn it down

That's a cute little house. With some clean up and pest control I would live there. I like those old shake things.

i havent seent he house yet but that weird that iin today society u kan buy a freaking house on ebay for $1.75

kharmon wrote:

That's a cute little house. With some clean up and pest control I would live there. I like those old shake things.

Probably needs a lot more than that

New Plumbing, Wiring, Roof, Siding; Furnace; sidewalks; front porch, windows ; to name a few things

Plus I bet vandals striped that house clean; pipes, copper, etc


I bet it would cost at least 20 grand to bring that house up to code

Not to mention all taxes on the house

detroitwings82 wrote:

i havent seent he house yet but that weird that iin today society u kan buy a freaking house on ebay for $1.75

Shows how bad the economy is

And buy it on eBay with a credit card....

laprimamirala wrote:

And buy it on eBay with a credit card....

Wow, I could even afford that, guess I should go on ebay :haha:

hahahah ya u would be suprised what u find on ebay tyhese days ..people are always trying to make a quick buck