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