Wednesday, August 21, 2013

Become a Home Owner for $1 In Gary, Ind.,

Become a Home Owner for $1 In Gary, Ind.,
Some residents of Gary, Ind., could become home owners for only $1. The city is running a real estate fire sale, selling a dozen homes for $1 each to eligible buyers.

The city repossessed the homes after the owners became delinquent on their property taxes, and as part of its neighborhood stabilization effort, the city wants to sell them to people who will refurbish them. 
While housing markets across the country are recovering from the deepest throes of the foreclosure crisis, others are just stumbling into it -- and they aren't exactly the places you'd expect. Surprising foreclosure hot spots

No comments:

Post a Comment