Have a Buck? Buy a House!

A dollar doesn't buy much these days. But in Detroit, it can buy you a house. Real estate agent Ian Mason, who specializes in selling foreclosed properties, showed us a two-bedroom, 800-square-foot home that his agency recently sold for a single dollar. "It wasn't much of a negotiation," said Mason, who works for Bearing Group. "The seller was ambitiously looking to get rid of it." That's because the seller, a bank, was losing thousands each month in maintenance costs and taxes just to hold...Full Story
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