blogs.moneycentral.msn.com — Joanne Smith, 30, of Chicago made the successful bid for the Saginaw house in an auction on eBay. Reporter Roberto Acosta of The Saginaw News noted that her bid, one of eight, was lower than the cost of a McDonald's value meal.
Oct 3, 2008 View in Crawl 4
smossnerOct 5, 2008
I just recently moved back to Saginaw, Michigan for the time being because I could not sell my house here. Since being back here a month ago, I have witnessed one multiple victim shooting - and I live in the west side by Saginaw Township if you are familiar with Saginaw. When you drive down the streets, every 4th or 5th house is for sale and most of them you can get for 30 or 40K. These houses would have sold for probably 100K 5 years ago. The economy here is on a completely different level than most of the country. If Delphi or GM closes in this town, it will turn into a ghost town.I can also assure you that the story is not fake. The house is a piece of crap and 99.9% of you would not have the balls to live in that neighborhood. I don't know what she was thinking. She will not be able to sell the house even when the economy gets better. Her best bet would be withdraw her ebay offer and suffer the negative feedback.
caracter2Oct 5, 2008
Looks better than were I live in Australia. I live in Sydney as an international student and our landlord is the most greedy prick alive. He bought a 5 bedroom house and turned it into a 9 bedroom house (with no living room). Our rooms are incredibly small and we share a single shower with 8 other students (sometimes 9) and only two toilets. I was desperate to find a place this year and couldn't find anything else, then I was dumb enough to sign the lease for a whole year. Darn it, I can't wait to come back to Mexico this Christmas.And yeah, $1.75... Freaking bargain anyway you put it. She doesn't have to live there at all, just fix it up a little and sell it properly.
cysseroOct 5, 2008
Tells you if you're going to get laid tonight or not. "All signs point to.. I have a headache"
malanicOct 5, 2008
Could you spare me some of your awesome?
gonasadudeOct 5, 2008
...continuedMe: So, did I get the loan?Bank officer: Sure, here is $200,000.00, even though we know that you can't pay it back.