You Could Own This Home! ... for $1.75 on eBay

Chicago community-college student plans to sell condemned Mich. house

By Ambreen Ali, Newser Staff

Posted Oct 2, 2008 11:42 AM CDT

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You Could Own This Home! ... for $1.75 on eBay — The house is in Saginaw, Mich., a city where many homes have been foreclosed upon. (AP Photo)

What can $1.75 buy these days? A home in Saginaw, Mich., apparently. A college student surfing for PlayStations on eBay was the eighth and highest bidder on the condemned house, reports the Chicago Sun-Times. Joanne Smith doesn’t plan on making the 300-mile move from Chicago; after paying an additional $850 in taxes and cleanup costs, she says she plans to sell when the market perks up. (More house stories.)

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