The Saginaw home that hit the housing market at a cut-rate price sold for less than the price of a McDonald's value meal.
The high bidder was 30-year-old Joanne Smith, of Chicago, Ill.
"I am going to try and sell it," she said of the home. "I don't have any plans to move to Saginaw. I don't have any plans of moving from (Chicago)."
Smith moved to the Windy City five years ago from Miami, Fla. She has not seen the property and has not visited Saginaw.
She will pay additional charges, aside from the dollar and change it cost her to win the auction. Back taxes and a trash/weed clean-up will set the final price tag around $850. The fee is due by Tuesday, March 31, or the city will foreclose on the property.
The high bidder was 30-year-old Joanne Smith, of Chicago, Ill.
"I am going to try and sell it," she said of the home. "I don't have any plans to move to Saginaw. I don't have any plans of moving from (Chicago)."
Smith moved to the Windy City five years ago from Miami, Fla. She has not seen the property and has not visited Saginaw.
She will pay additional charges, aside from the dollar and change it cost her to win the auction. Back taxes and a trash/weed clean-up will set the final price tag around $850. The fee is due by Tuesday, March 31, or the city will foreclose on the property.
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