Buying houses on Ebay? Detroitka?

Came across listing for homes in Detroit, listed on ebay.
I must live in a hole, because i never knew you could buy a home off Ebay


http://www.ebay.com/sch/Real-Estate-/10542/i.html?_from=R40&_nkw=detroit


Mind you, some nice lil properties on there... if it weren't Detroit.

truebluesac

Over priced

Amirani

Property taxes make it over priced.

Grayson

Jake1 wrote: »

Came across listing for homes in Detroit, listed on ebay.
I must live in a hole, because i never knew you could buy a home off Ebay


http://www.ebay.com/sch/Real-Estate-/10542/i.html?_from=R40&_nkw=detroit


Mind you, some nice lil properties on there... if it weren't Detroit.

Only in certain markets. the property section on the US site is pretty big. They have an escrow section there which is used so you don't even need to get lawyers involved (Although i think I would if I was buying a house).

biko

If I lived in Detroit I'd definitely buy move.

Grayson

Jesus, this one has a small bowling alley http://www.ebay.com/itm/Rare-Luxury-Wall-Street-Condo-across-from-the-NYSE-with-private-terrace-/330950019028?pt=Residential&hash=item4d0e2887d4

hardCopy

Grayson wrote: »

Jesus, this one has a small bowling alley http://www.ebay.com/itm/Rare-Luxury-Wall-Street-Condo-across-from-the-NYSE-with-private-terrace-/330950019028?pt=Residential&hash=item4d0e2887d4

Shipping: Free Local Pickup

donegal_road

Jake1 wrote: »

Came across listing for homes in Detroit, listed on ebay.
I must live in a hole, because i never knew you could buy a home off Ebay


http://www.ebay.com/sch/Real-Estate-/10542/i.html?_from=R40&_nkw=detroit


Mind you, some nice lil properties on there... if it weren't Detroit.

deal would need to include a lifetime supply of Prozac.

Rented Mule

Even the Michigan Militia moved out of Detroit.

donegal_road

donegal_road wrote: »

deal would need to include a lifetime supply of Prozac.

and ak 47s and a few glocks

Sh1tbag OToole

ebay has been doing property for years. classified though, not auctions

Sh1tbag OToole

Sh1tbag OToole wrote: »

ebay has been doing property for years. classified though, not auctions

I never knew that, as I said, I must live in a hole:)

Just couldnt imagine that working here. or does it?

Carnegie

in 10 years time you's will all look back and think, jaysus remember when you could buy a 4 bedroom house for 1k in detroit and they're now worth 100k, if I had of bought a few I'd be retired by now

Carnegie

Carnegie wrote: »

in 10 years time you's will all look back and think, jaysus remember when you could buy a 4 bedroom house for 1k in detroit and they're now worth 100k, if I had of bought a few I'd be retired by now

it will take a few centuries before Detroit house prices will rise.

:cool:

The One Who Knocks

Houses on ebay?...is the seller Michael Scott?

L1011

Carnegie wrote: »

in 10 years time you's will all look back and think, jaysus remember when you could buy a 4 bedroom house for 1k in detroit and they're now worth 100k, if I had of bought a few I'd be retired by now

Houses in Detroit will be 1k for a long time yet. The city has just declared bankruptcy, all major employment is gone.

hfallada

Very few white people live in Detroit anymore. They all moved to the suburbs which are 45 miles away from it due to the crime and the fact it's crumbling. You can buy skyscrapers in what was once wealthy for **** all.

But then again the German government was dumping houses and apartments in Berlin a few years ago as they were loss making and now they have doubled in value. But I can't see the same for Detroit where whole streets are missing houses

The One Who Knocks

pfff....buying houses in Detroit, why not just get paid to take them?

http://www.businessinsider.com/abandoned-houses-detroit-2011-2

washman3

biko wrote: »

If I lived in Detroit I'd definitely buy move.

Laugh at your peril.!! we may be heading down the same road much faster than we think.;)

The One Who Knocks

Looks like China's interested
http://www.ibtimes.com/chinas-newest-real-estate-investment-craze-detroits-housing-crisis-1360973

Carnegie

washman3 wrote: »

Laugh at your peril.!! we may be heading down the same road much faster than we think.;)

true, despite all the austerity our budget deficit is increasing, its just a matter of time

rossie1977

Carnegie wrote: »

in 10 years time you's will all look back and think, jaysus remember when you could buy a 4 bedroom house for 1k in detroit and they're now worth 100k, if I had of bought a few I'd be retired by now

the seller is here i see, you should change your name to "carnie"

Carnegie

rossie1977 wrote: »

the seller is here i see, you should change your name to "carnie"

for 1k you can't lose, its a shot to nothing

Chucken

How would it work for an ordinary Irish person (like me) to buy one?

Is the price you get it for on ebay all you'd have to pay?

I've my eye on a plot for $5.50 ...I can afford that!!

shruikan2553

If you installed some steel shutters on the windows, built a wall around the house and had a private security company it would be a great do upper.

PizzamanIRL

You can buy them on adverts.ie too sure. A few up there for millions of euro

washman3

PizzamanIRL wrote: »

You can buy them on adverts.ie too sure. A few up there for millions of euro

So we've 'turned the corner'.....:D:D:D

Chucken

Chucken wrote: »

How would it work for an ordinary Irish person (like me) to buy one?

Is the price you get it for on ebay all you'd have to pay?

I've my eye on a plot for $5.50 ...I can afford that!!

How it would probably work, is some crack head would fall over while dealing in your run down unsecured property, he would hurt himself and sue you.

Chucken

Jake1 wrote: »

How it would probably work, is some crack head would fall over while dealing in your run down unsecured property, he would hurt himself and sue you.

It wouldnt be unsecured....said crackhead would be my new security guard!

Seriously though...how would it work if one of us bought a house on ebay?

Chucken

Chucken wrote: »

It wouldnt be unsecured....said crackhead would be my new security guard!

Seriously though...how would it work if one of us bought a house on ebay?

dont know,but you could buy one and tell us how it went, sure whats a few bob, to satisfy your curiosity??


Would be funny though to buy one.
'so what ya do today, oh well I bought an aul gaff in Detroit, had dinner, went on boards.ie

gurramok

Grayson wrote: »

Jesus, this one has a small bowling alley http://www.ebay.com/itm/Rare-Luxury-Wall-Street-Condo-across-from-the-NYSE-with-private-terrace-/330950019028?pt=Residential&hash=item4d0e2887d4

Sure, you can do bowling on the Wii, nothing spectacular there in Detroit!

Sounds like Robocop didn't do a good job on crime there after all:pac:

Chucken

I'm one of those odd people who have never bought anything off ebay...this could be the start of something huge!!!!
Buying property is the only way to go, what could possibly go wrong?

Oh, I'll have to set up a paypal a/c too, wont I?

AlmightyCushion

hardCopy wrote: »

Shipping: Free Local Pickup

I'm gonna ask him to post it to Ireland and mark it as a gift. Hopefully, it'll dodge customs.

washman3

Carnegie wrote: »

for 1k you can't lose, its a shot to nothing

Sure it will be worth a fortune in a few years...:D:D
Did'nt Obama say would change everything for the better during his hour long spoof on College Green..:P
That was the same day as our clown of a failed schoolteacher referred to him as 'the American Dream'.
If Detroit is 'The American Dream' then God help America.!!
And remember that there are many more areas of that once great country where poverty is common place.
But what are usually displayed to the gullible are the bright lights of New York, Las Vegas and San Diego.;)

Chucken

Chucken wrote: »

I'm one of those odd people who have never bought anything off ebay...this could be the start of something huge!!!!
Buying property is the only way to go, what could possibly go wrong?

Oh, I'll have to set up a paypal a/c too, wont I?

yeah, I think you will. But hey, a property for 5.50? whats stopping you?

Imagine, you could buy one property a week and build your portfolio that way, then in a years time, swan into Detroit like a Boss:)

'S'up bitches, Irish in town now Mo 'fos'

Depp

Grayson wrote: »

Jesus, this one has a small bowling alley http://www.ebay.com/itm/Rare-Luxury-Wall-Street-Condo-across-from-the-NYSE-with-private-terrace-/330950019028?pt=Residential&hash=item4d0e2887d4

if i had 5 mil id buy that right now...some pad!

washman3

washman3 wrote: »

Sure it will be worth a fortune in a few years...:D:D
Did'nt Obama say would change everything for the better during his hour long spoof on College Green..:P
That was the same day as our clown of a failed schoolteacher referred to him as 'the American Dream'.
If Detroit is 'The American Dream' then God help America.!!
And remember that there are many more areas of that once great country where poverty is common place.
But what are usually displayed to the gullible are the bright lights of New York, Las Vegas and San Diego.;)

hey, Hopey Changey will change all that, just give him some time....:rolleyes:

Chucken

Jake1 wrote: »

yeah, I think you will. But hey, a property for 5.50? whats stopping you?

Imagine, you could buy one property a week and build your portfolio that way, then in a years time, swan into Detroit like a Boss:)

'S'up bitches, Irish in town now Mo 'fos'

Dammit, its gone up to 10.50 now :mad:.

http://www.ebay.com/itm/single-family-home-on-large-corner-lot-with-excellent-potential-/271245778752?pt=Residential&hash=item3f27821f40

What about if the government here gave half of us unemployed the money to buy a few streets. Open a bar...or something..job done! We'd be out of their hair and Detroit would get back on its feet. Sounds so ridiculous it might work?

* I'm very naive*

gurramok

Jake1 wrote: »

yeah, I think you will. But hey, a property for 5.50? whats stopping you?

Imagine, you could buy one property a week and build your portfolio that way, then in a years time, swan into Detroit like a Boss:)

'S'up bitches, Irish in town now Mo 'fos'

Sounds very cheap alright, just don't mention to the Irish that dreaded property tax. You'll be lynched!

Chucken

Chucken wrote: »

Dammit, its gone up to 10.50 now :mad:.

http://www.ebay.com/itm/single-family-home-on-large-corner-lot-with-excellent-potential-/271245778752?pt=Residential&hash=item3f27821f40

What about if the government here gave half of us unemployed the money to buy a few streets. Open a bar...or something..job done! We'd be out of their hair and Detroit would get back on its feet. Sounds so ridiculous it might work?

* I'm very naive*

Ah Chucken, 10.50 now, you missed out there, I tell ya, you missed out...( shakes head...)

Chucken

Jake1 wrote: »

Ah Chucken, 10.50 now, you missed out there, I tell ya, you missed out...( shakes head...)

I have until Sunday 2pm. I can find 20 if I really try....must get on to a few people I know who might like to get in on the deal. :cool:

Chucken

Chucken wrote: »

I have until Sunday 2pm. I can find 20 if I really try....must get on to a few people I know who might like to get in on the deal. :cool:

ooh, a consortium, Im liking how you're thinking )

Chucken

Jake1 wrote: »

ooh, a consortium, Im liking how you're thinking )

Bet its never been done before :cool: Do you want in?

Chucken

Chucken wrote: »

Bet its never been done before :cool: Do you want in?

Im in!!! sure what else would I spend a fiver on??

shruikan2553

Jake1 wrote: »

Ah Chucken, 10.50 now, you missed out there, I tell ya, you missed out...( shakes head...)

Must be a property boom with prices going up like that, nearly doubled! Gotta get on that detroit property ladder. Rent is dead money...sorry, meant if you rent there you would be dead and they'll take your money.

Chucken

Jake1 wrote: »

Im in!!! sure what else would I spend a fiver on??

I'm sorely tempted now :pac:

Chucken

Chucken wrote: »

I'm sorely tempted now :pac:

go for it:) what have you got to loose?? a broken down aul shack you'll probably never see anyway:)

You can then claim you are a householder
You might even get a grant. no wait, they have no money..

Chucken

Jake1 wrote: »

go for it:) what have you got to loose?? a broken down aul shack you'll probably never see anyway:)

You can then claim you are a householder
You might even get a grant. no wait, they have no money..

...At the rate prices are going up I could easily double my money by this day next week!! Its fool proof really

Chucken

Chucken wrote: »

...At the rate prices are going up I could easily double my money by this day next week!! Its fool proof really

check what the taxes would be very year, they may cost more than the property

Chucken

Jake1 wrote: »

check what the taxes would be very year, they may cost more than the property

Ah sure isnt that what I wanted to know from you earlier.

We'll never be property tycoons at this rate

Chucken

Chucken wrote: »

Ah sure isnt that what I wanted to know from you earlier.

We'll never be property tycoons at this rate

ah sure Im the Brian Cowen of finance...