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House For Sale: $1
Posted By Jim On 12/30/2005 @ 12:18 pm In Frugal Living,Personal Finance,The Home | 1 Comment
I personally had never heard of this before but there are historic homes that sell for $1 and it’s not an American pipedream either. Bankrate wrote up an article explaining the “‘demolition delay bylaw” (at least what it’s called in Norfolk, Mass.) where the existing homeowner wants to demolish a home that has historic value but the town wants to save it, somehow. Basically you buy the house and move it somewhere else! The sellers want it because then they don’t have to pay for the demolition.
Only true bargain hunters should apply!
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 HistoricProperties.com: http://www.HistoricProperties.com
 check out this dollar home in North Carolina: http://www.historicproperties.com/detail.asp?detail_key=Secas001
 A free and decent looking house!: http://www.historicproperties.com/detail.asp?detail_key=nchlf019
Thank you for reading!