Bid Of $1.75 On Ebay Gets Abandoned Saginaw Home

Bid $ 1 75 Ebay Abandoned Saginaw Home - Politics, Business, Civil, History - Posted: 12th Mar, 2013 - 3:33am

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Posts: 9 - Views: 2182
3rd Oct, 2008 - 7:45am / Post ID: #

Bid Of $1.75 On Ebay Gets Abandoned Saginaw Home

QUOTE
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

Source 6

This woman is going to make a great return on her investment. For a couple thousand dollars, even in a slow market she will make quite a profit.


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Post Date: 3rd Oct, 2008 - 3:03pm / Post ID: #

Bid Of $1.75 On Ebay Gets Abandoned Saginaw Home
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Home Saginaw Abandoned Ebay Bid

Yeah to pay a less that 1,000 dollars to get the place cleaned up she can make a real good profit.

3rd Jun, 2009 - 1:49am / Post ID: #

Bid Of $1.75 On Ebay Gets Abandoned Saginaw Home History & Civil Business Politics

I don't know about this particular case but saw other similar ones and the house is either in deplorable conditions or in a terrible neighborhood.


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7th Jun, 2009 - 7:14pm / Post ID: #

Home Saginaw Abandoned Ebay Bid

Strange that the seller did not start out with a minimum bid or a set bid for the house, they must have been really anxious to sell.


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14th Jun, 2009 - 1:37am / Post ID: #

Home Saginaw Abandoned Ebay Bid

QUOTE (JB @ 7-Jun 09, 7:14 PM)
Strange that the seller did not start out with a minimum bid or a set bid for the house

BJ you should check Ebay more often my eyes cannot believe what they see when they're selling houses for US1,000 or less, in normal...good neighborhoods.


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22nd Jun, 2009 - 12:59am / Post ID: #

Bid Of $1.75 On Ebay Gets Abandoned Saginaw Home

A lot of times these houses are trashed and I mean terribly trashed specially if they had pets or kids so sometimes unless you have a thick skin is hard to deal with these things at least I wouldnt I can't stand the smell emanated from pets.


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25th Sep, 2009 - 11:43pm / Post ID: #

Bid $1.75 Ebay Abandoned Saginaw Home

Why would anyone want to sell a house this cheap? Does anyone have any pictures of the property?


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12th Mar, 2013 - 3:33am / Post ID: #

Bid $1.75 Ebay Abandoned Saginaw Home Politics Business Civil & History

I don't know what the house looked like but it could be that it ended up being:

Selling price $1.75
Repairs needed: $100,000


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