FDIC Fire Sale! 11 Homes For Under $10,000 (PHOTOS)
From the Huffington Post: “But for our readers with a slightly tighter budget, we’ve compiled a list of some of the cheapest homes — all $10,000 or less — across the country. One Chicago house, sold for $280,000 two years ago, is now listed by the FDIC at the deeply-discounted price of $10,000. And one Detroit home is going for just $500 — less than the property’s estimated annual taxes.”
According to the website: “In 2007, this 3,012 square-foot Chicago home was sold for $280,000, according to trulia.com. The four-bedroom, three-bathroom home is estimated to have been built in 1889. THe FDIC currently lists the property for $10,000.:
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