Houses You Can Buy For Practically Nothing
Realtor.com just came up with a list of houses you can buy for $8,000. That’s right–the government is basically paying you to take them—if you’re a first time homebuyer. The site says there are about 200 such listing nationwide, of the four million the site tracks.
Note: Such properties will likely need work. And closing costs will be about $2,500, but that shouldn’t be a deal breaker. Look at that five bedroom, bank-owned beauty in Detroit up above! At 2,000 square feet that’s $4 a square foot, land included. Come on, someone’s going to make money on that.
File Under: Who the hell wants to live in Detroit.
Source: Realtor.com