03-09-2009, 07:06 AM
|
 |
Administrator
|
|
|
|
Have a Buck? Buy a House!
A dollar doesn't buy much these days. But in Detroit, it can buy you a house.
"It wasn't much of a negotiation," said Mason, who works for Bearing Group. "The seller was ambitiously looking to get rid of it."
That's because the seller, a bank, was losing thousands each month in maintenance costs and taxes just to hold onto the foreclosed home, which is badly in need of new paint, carpeting, and bathroom fixtures -- but otherwise appears structurally sound and free of mold...
ABC News: Have a Buck? Buy a House!
|
