What $1.75 will get you in Saginaw

[Mikey]

Bid of $1.75 on eBay gets abandoned Saginaw home

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.

"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.

Looks like maybe 2 br with detached garage.
No sparkling pool.

Cuda, your thoughts?

[BSmack]

I bet there isn't a pound of copper in that house. Hope that woman enjoys spending 50k just to make that house remotely saleable.

[Mikey]

Is this what Bushice's neighborhood is coming to?

[JayDuck]

It will never appraise.

[Goober McTuber]

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

Here’s your big chance, Cooter.

[Dinsdale]

I bet there isn't a pound of copper in that house. Hope that woman enjoys spending 50k just to make that house remotely saleable.

Every time you think BSmack has written the most stupid thing ever, he manages to push that bar just a little higher.

Seems like a reasonable damage estimate to me.

'Round these parts, abandoned houses have a way of losing much of the copper within.

[Tom In VA]

With all the foreclosures around, I'm sure she could land some copper on the cheap.

[Mister Bushice]

Is this what Bushice's neighborhood is coming to?

That Hurts Mikey.
Especially since you know we don't have lots that big in So Cal. :)

[MgoBlue-LightSpecial]

That house would go for about $750K in the city.

-da troof