$1.75 Can Go Farther Than You Think: Woman Buys House With Loose Change

eBay has been the home to auction for anything from roller skates to motorcycles, and recently a woman bought this abandoned house for a whole $1.75. Who would have thought. When I first saw this picture, I was hit by the wear and tear this house must have been through over the years, but surely a home is worth more than a stick of gum right? Apparently Joanne Smith of Chicago topped all eight bids that preceded her on the online auction. Of course the original article describes that this house on top of being abandoned, and maybe inhabitable, is also in a large amount of debt: $850 is owed in back taxes and yard maintenance. Perhaps Smith didn't know what she was getting herself into. The house is located in Saginaw, a town that's been hard hit financially through the last couple of years. Smith says she has no plans to live in or keep the house, instead she intends on selling the house herself. Recently appraised at no more than the cost of a soda, it appears Smith has her work cut out for her.

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