$1 House

August 13, 2008 at 10:33 pm | Posted in Humor (G- and R- rated) | Leave a comment

The housing crisis has gotten so bad that in a Detroit neighborhood, houses are being offered for $1.

Colpaert declined to provide the name of the prospective purchaser, because the deal had not been through closing. The agent did say that the buyer agreed to pay the full list price of $1, and planned to pay cash.

That’s only because the buyer had a hard time qualifying for a mortgage 🙂

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