News for hackers. Stuff that matters.

A comment on What's the cheapest living situation possible that still has basic utilities?. Parent comment

Re:What's the cheapest living situation possible that still ... by LammyL on Sunday January 04, 2015 @10:05PM (#8836944)
I wonder if there is a huge hidden accumulation of unpaid property taxes the buyer would be on the hook for.
[ Parent | on HN ]
Re:What's the cheapest living situation possible that still ... by Beached on Sunday January 04, 2015 @10:40PM (#8837094)
There likely isn't and risk to the buyer. These houses were most likely foreclosed or abandoned.

Detroit is auctioning off houses and lots that have not been paid up to the highest bidder by the dozens. These were likely purchased super cheap for flipping, and now being resold.

Detroit has a real problem with the city services right now, and as a result of the lack of services, and large land sales houses are SUPER cheap.

[ Parent | on HN ]