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$10,000 Houses? You Bet - Take Your Pick
WHAT CAN YOU GET for ten grand these days? Well, among your choices are houses - thousands of them.
It seems the bust the real estate market has been struggling to recover from has left behind a host of properties that can be picked up for a fraction of what they would have cost five years ago.
According to an article recently published on MSNBC, there are at least 10 major markets in the United States that each have at least 100 homes for sale for under $10,000. If you can pony up a bit more money, there are 17 cities with more than 100 homes for sale for less than $15,000.
And don't think all those homes are in in Detroit (although the Motor City recently had something more than 2,000 houses for sale for $10,000 or less). Even Los Angeles has $10,000 properties for sale - 18 of them in fact.
Most of those homes are foreclosures so buyers should approach these properties with a bit of patience. Also, it would be fair to call many of these houses "fixer-uppers."
While the number of "ultra low priced" houses is dropping from several years ago, there remain plenty of choices in numerous U.S. cities. Here ... more

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