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On August 13, 2008, a Detroit house was sold for the price of one dollar. Local real estate agents said that the deal was the direct result of the subprime mortgage and foreclosure crises in the real estate business.Detroit News: Houses go for a $1 (August 13) The building is located at 8111 Traverse Street, not far from Detroit City Airport.Detroit News: Houses go for a $1 (August 13) A neighbor said that less than two years ago the house "was the nicest house on the block."Detroit News: Houses go for a $1 (August 13)
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Fast Facts
- In November 2006, the house was bought for $65,000.Detroit News: Houses go for a $1 (August 13)
- The house was sold only 19 days after the ad was placedDetroit News: Houses go for a $1 (August 13)
- Everything inside the house, including the doors, the kitchen sink and the copper plumbing, was stolenDetroit News: Houses go for a $1 (August 13)
- The woman bought the house for investment purposes and will not live thereDetroit News: Houses go for a $1 (August 13)
- By 2009, the buyer will owe $3,900 in property taxesDetroit News: Houses go for a $1 (August 13)
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Managed By: camilla
Managed Since: 07/31/2009
Views: 544
Money Earned: M$2.99
Page revenue is subject to change as we obtain data from our partners
Managed Since: 07/31/2009
Views: 544
Money Earned: M$2.99
Page revenue is subject to change as we obtain data from our partners
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The Mahalo Top 7
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U.S. News: Buyer to Pay $1 for House in Detroit
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U.S. News: Buyer to Pay $1 for House in Detroit
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1 Dollar House on Twitter Powered by Twitter
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Joeys brick house brunch! 12 all u can eat and 1 dollar drinks w/ @kmacamp
@zac_taylor | November 14, 2009 05:31 PM -
The White House expects a 1.502 trillion dollar deficit in fiscal 2010
@trapsreport | November 13, 2009 09:31 AM -
I just found out that my boss (a doctor ) is selling his 7 bedroom house for 3 and 1/2 million dollar... Daaaaamn that ballin sheeesh
@creolecody | November 13, 2009 12:46 AM -
@DaMoDaDiVa misha wack she can't get nuffin off the dollar menu in mcdonalds cuz she don't got the tax.. I rather have a house then $1
@eyekandydom | November 12, 2009 10:55 PM -
RT @EasyYvesSaint: HOUSE OF BLUES 1 dollar domestics and 2 dollar imports from 4 to 7. ANYBODY IN? ¥ ooooooh!!! Sounds fun
@_ikonik_ | November 12, 2009 09:56 PM
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Questions and Answers About 1 Dollar House | View All | Ask a Question
View All 1 Dollar House Questions (5052) | Ask a QuestionWhen is season 2 of The Sober House supposed to air on VH1? (2 Answers)No date has been set as of today...they are more than likely assembling a cast right now...my educated guess would be in June or July since that was the projected ... read moreMahalo Suggestion: Would it be possible to split the Mahalo dollar amount amongst more than 1 responder? (1 Answer)You can't split it up the way you are wanting to, but you could tip the original "best answer" winner and then privately tip someone else if you want. $1.00 ... read moreQuick announcement: Testing the M$ 1 dollar tips (3 Answers)What was the conclusion? What is the difference between tipping M$1 and M$.25? Can you clarify when these amounts are in action? read moreHow many points does it take to make M$1 (one Mahalo dollar)? (1 Answer)Points and Mahalo dollars are two separate system. There are many activities that earn points, and there are some that earn both points and Mahalo dollars. For example, viewing pages ... read more
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