While many were flocking from Detroit, leaving abandoned homes and distressed neighborhoods in their wake, Laura Breisch was house hunting.
A faithful Motor City denizen, Breisch started looking for a new place two years ago, after a divorce forced her from the Detroit suburb she had called home for nearly a decade. She began her search on Why Don't We Own This?, a site that maps the city's foreclosed houses that are up for auction.
Breisch had her work cut out for her. With a huge directory of homes to comb through, she began to scope out the Detroit neighborhood that she wanted to live in. "I didn't want to be in the one house standing amongst a bunch of burnt-out houses," she said.
Breisch's perseverance eventually paid off. After narrowing the list down to just three, she walked away from an auction with keys to a huge home with an inviting porch and fireplace. But Breisch still had a long way to go to make the house livable.
For the full story, watch the video above.
- People Who Retire Comfortably Avoid These Financial Advisor Mistake…
- The Worst Way to Withdraw From Retirement Accounts
- 2020: How to Maximize Your Savings
- Historic Refi Rate Alert: 2.06% APR. Can you save?
- Experts Recommend to Refi Before Rates Keep Rising
- Calculate your new refi payment in minutes. See if you can save
- Home Mortgage Rates Drop Sharply This Week
- HARP Refinance Program is Over. Now What?
- Digital Mortgage Platform Helps Home Buyers Shop for Mortgages
- 4 Cards With Massive Sign Up Bonuses (Get $200 Fast)
- Ready To Travel Again? These Cards Will Take You There.
- Making a Big Purchase Soon? These Cards Are For You
- Forget the 30yr mortgage if you owe less than $822K (Do this instea…
- How to pay off your house ASAP (So simple it's unbelievable)
- Congress Gives Veterans A Generous Mortgage Relief Program