House in Saginaw, Michigan Sold for $1.75

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House in Saginaw, Michigan Sold for $1.75

A home is seen Sept. 17, 2008, in Saginaw, Mich. With a winning bid of just $1.75, a Chicago woman has won an auction for the abandoned home in Saginaw. Joanne Smith, 30, recently was the top bidder for the home during an auction on eBay, The Saginaw News reported, in September 2008. Her bid was one of eight for the home. She must pay about $850 in back taxes and yard cleanup costs. (AP Photo/The Saginaw News, Melanie Sochan)

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