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That's a bargain: $10 home sale

Last Updated: 8:56 AM, March 14, 2010

Posted: 4:26 AM, March 14, 2010

Comments: 3

In the market for some real estate but can't afford New York prices? Well, get thee to Detroit -- where 10 bucks can get you the fixer-upper.

Many foreclosed houses are going for as little as $100 -- but a sawbuck will do.

"This part of town has had a lot of bad press because it was featured in Eminem's film 'Eight Mile,' " said broker Tim Prophit. "But that's 15 minutes up the road."

With rows and rows of abandoned homes for sale, the neighborhood's slipping back to a more natural state -- for Detroit.

"We can only put the boards up on the windows to protect the property," said Prophit. "We can't be here 24 hours a day to stop the squatters and the crack addicts from moving in."

Comments (3)

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    LawyersRscum

    03/14/2010 1:41 PM

    Any body who lives in this "dump" has a death wish.

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    Queen of Mean

    03/14/2010 1:27 PM

    You read this article Charlie Rangel???

  • Report Abuse

    luckycargo

    03/14/2010 9:16 AM

    They need to gut the whole place. Maybe make it farm land and grow things! Back to nature!!!

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