Can you imagine this true scenario. A home in Detroit, Michigan was purchased in 2006 for $65,000 and than foreclosed upon 1 year later for $1.00. The bank became so desparate to sell the home they lowered the price to only $1.00 and it took 14 days to sell.. By the time they sold it [...]
Entries from August 2008
House in Detroit sells for $1.00
August 14th, 2008 · 1 Comment
Tags: Foreclosures - REO's