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Are $1 homes worth buying?

Posted August 14, 2008 - 17:43 by Xin Lu

Personal Finance, Real Estate and Housing, General Tips

dollar bill

This week a story from The Detroit News reported that homes are being listed in Detroit for $1. One particular $1 home sold for cash after being on the market for 19 days. The buyer seems to have gotten the deal of a lifetime, but did she?

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