She's going to have to pay the back taxes, clean up or tear the place down, clear the property and try to sell it. And eight bidders? That's a bad sign for her- I'm predicting it's a money loser for her.
I paid the same for a 1962 Darrell Johnson card. But, I won't have to pay taxes on it.
Did have to pay shipping, though. So, I guess that about makes it even. Wonder what the shipping and handling is on a house?
I'll have to keep eBay in mind if I'm ever looking to buy a crapshack.
Heck, you can gut the place and sell everything metal to a junkyard, all the lumber for fire wood, and still come out ahead. Then you can sell the property to someone for a few bucks. That's worst case scenario.
Couid this be the bottom of the housing market?