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Buy a House in the US for USD1000! [Copy link] 中文

Post time 2009-1-9 13:09:09 |Display all floors
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Post time 2009-1-9 13:41:46 |Display all floors
Originally posted by huang262 at 2009-1-9 13:09
Radical cheap: $1,000 homes
Les Christie, CNNMoney.com staff writer
Thursday January 8, 2009, 12:31 pm EST

The real estate market is so awful that buyers are now scooping up homes for as lit ...



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Post time 2009-1-9 14:16:08 |Display all floors
sounds good until you realize that you can still buy land in the US for $1 per acre.  A square kilometer will not set you back much.  Property taxes can be a problem especially if the house was not revalued in a while.

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Post time 2009-1-9 15:04:31 |Display all floors
Please, do we have to see those soldiers hugging each other in all threads?

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Post time 2009-1-9 15:05:08 |Display all floors
Originally posted by timbatu at 2009-1-9 15:04
Please, do we have to see those soldiers hugging each other in all threads?



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Post time 2009-1-10 23:36:34 |Display all floors
So, you can buy a house from the lender for 1,000 USD, but what about the back taxes owed to the state, county and city?  Also repairs need to be made and is the neighborhood full of drug houses?  Very diligent research needs to be done or you will be ripped off.  The saying "if it sounds to good to be true, then it probably isn't true."  Just be careful.

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Post time 2009-1-12 17:31:28 |Display all floors
Originally posted by chuckster at 2009-1-10 23:36
So, you can buy a house from the lender for 1,000 USD, but what about the back taxes owed to the state, county and city?  Also repairs need to be made and is the neighborhood full of drug houses?   ...


Property taxes follow the owner not the property so when you buy the house you get a clean title and no back taxes only the amounting new taxes.  

The thing you really need to look at is that it is in Detroit, nuff said.  They could be giving it away and I wouldn't take it.

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