Bid of $1.75 on eBay gets abandoned Saginaw home!

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Bid of $1.75 on eBay gets abandoned Saginaw home!

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SAGINAW, Mich. - With a winning bid of just $1.75, a Chicago woman has won an auction for an abandoned home in Saginaw. Joanne Smith, 30, recently was the top bidder for the home during an auction on eBay, The Saginaw News reported. Her bid was one of eight for the home.

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"I am going to try and sell it," she told the newspaper. "I don't have any plans to move to Saginaw."

Smith said she hasn't seen the property or visited Saginaw, which has been hard-hit by economic troubles in recent years.

There's a notice on the door of the home saying a foreclosure hearing is pending, the newspaper said. She must pay about $850 in back taxes and yard cleanup costs.

The Saginaw News said it could not reach the seller, Southern Investments LLC, for comment.

All this begs the question: is Smith such a hopeless eBay seller that she often bids on things she doesn't want? And if she won the auction with a bid of $1.75, how does she expect to make a profit on the home after paying $850 in taxes for a home that, obviously, no one wanted.

Our crack news team at vynsane.com procured Smith's birth certificate, and it turns out her maiden name name was (and you can't tell me you didn't see this coming) Flantdig.
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Re: Bid of $1.75 on eBay gets abandoned Saginaw home!

Post by Diabolical »

Ah Saginaw - home sweet (former) home, be it ever so ghetto.


And this seriously made national news? It was just a quick blip on the local news.
And apparently it was initially listed for $1, but 8 bids later it sold for $1.75.
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Re: Bid of $1.75 on eBay gets abandoned Saginaw home!

Post by Ran »

Ebay probably paid someone to make it national news. Just think how many hits they must have got looking for cheap houses.
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Re: Bid of $1.75 on eBay gets abandoned Saginaw home!

Post by Slicker »

I actually read about it on Yahoo! and laughed. I think I emailed the link to the Michigan boys so they could get a laugh out of it.
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