Question Details

Lateefah, Home Buyer in Philadelphia, PA

How do i go about purchasing cheap houses? An are their such things as dollar houses?

Asked by Lateefah, Philadelphia, PA Fri Nov 4, 2011

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When buying cheap house be prepared to invest a lot to make it livable.
0 votes Thank Flag Link Fri Nov 4, 2011
not too long ago I read an article about "free" housing in Detroit. Very interesting. You may want to Google it to see more details. Some of the houses they will have to GIVE me a lots of money to buy it at $1 :)
0 votes Thank Flag Link Fri Nov 4, 2011
I can't say "no" but I strongly suspect a house that is ridiculously cheap will cost a lot to make habitable and may carry with it unknown liens which the buyer may become responsible for. Be very cautious when looking at deals which seem too good to be true.
0 votes Thank Flag Link Fri Nov 4, 2011
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