A bottle of soda or a house?

In a 2008 eBay battle-of-the-highest-bidder, 30-year-old Joanne Smith beat out eight other bids with her generous offer of $1.75. Back taxes were about $850 and she was responsible for yard cleanup costs. She told the local newspaper she hoped to sell it for a profit. Maybe we’ll see an eBay listing for $2 soon?

The Fiscal Times has a slideshow of eight cheapest homes in the nation.

The home in the photograph is in Saginaw, Michigan. In addition to the $1.75, she also had to pay $850 in back taxes. Photo via USA Today.

Originally posted by Dane Carlson on March 16, 2011 in News.

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