A Detroit woman is offering what sounds like the deal of a lifetime. Trade her a car for her four-bedroom, 2,000-square-foot house. She advertised the deal on Craigslist because, she said, she is desperate for a car to drive her children around in. She bought this house at a tax foreclosure sale for $3,500 and says she doesn't have the money to fix it up -- although it looks pretty nice from the photos. She and her kids live elsewhere. Any takers?
As home prices continue to look for a bottom and our economy slogs along at a snail's pace, people are understandably leery about committing to a home purchase. But living within your means as a homeowner doesn't necessarily mean settling for a mediocre house.
As these places demonstrate, a fairly modest sum can go pretty darn far in the way of dwellings these days. Click through our gallery to check out how much house $75,000 buys across the country, and see if you don't agree.
A unit in this Atlanta building, touted as "historic" in its listing description, recently underwent a price cut that makes it quite a deal. The home features hardwood floors, high ceilings and puts you close to nearby retail and restaurants.
The home puts you close to downtown, two state parks and a bike path, according to the listing. Having undergone renovations over the last few years, the interior boasts refurbished windows, hardwood floors and kitchen tile, along with a fresh coat of paint.
This remodeled villa-style home just had its price slashed by $5,000, as the owner and bank continue to try and make a successful short sale. Community facilities include a playground, racquetball courts and tennis courts.
Clocking in at just $40 a square foot, this home's low price is by no means unheard of in a market many consider to be ground zero of the housing bust. The interior features both a living room and family room, while the property's compact plot boasts a fenced backyard along with neat landscaping.