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What $1.75 will get you in Saginaw
Posted: Wed Oct 01, 2008 7:08 pm
by 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?
Re: What $1.75 will get you in Saginaw
Posted: Wed Oct 01, 2008 7:11 pm
by 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.
Re: What $1.75 will get you in Saginaw
Posted: Wed Oct 01, 2008 7:14 pm
by Mikey
Is this what Bushice's neighborhood is coming to?
Re: What $1.75 will get you in Saginaw
Posted: Wed Oct 01, 2008 8:00 pm
by JayDuck
It will never appraise.
Re: What $1.75 will get you in Saginaw
Posted: Wed Oct 01, 2008 8:04 pm
by 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.
Re: What $1.75 will get you in Saginaw
Posted: Wed Oct 01, 2008 8:06 pm
by Dinsdale
88 wrote:BSmack wrote: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.
Re: What $1.75 will get you in Saginaw
Posted: Wed Oct 01, 2008 8:31 pm
by Tom In VA
With all the foreclosures around, I'm sure she could land some copper on the cheap.
Re: What $1.75 will get you in Saginaw
Posted: Wed Oct 01, 2008 8:39 pm
by Mister Bushice
Mikey wrote: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. :)
Re: What $1.75 will get you in Saginaw
Posted: Thu Oct 02, 2008 12:21 am
by MgoBlue-LightSpecial
That house would go for about $750K in the city.
-da troof