Profile picture for user6484128

$10 House sold by the city

Hi Zillow
I would like to find out which organization offer homes for sale at less than the$11 dollars
I was astonished thst zillow had a listed house sold at less$10 in queens ny
Please forward me the link or number that I can query mord on such s deal
  • July 18 2013 - Laurelton
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Answers (1)

Profile picture for Blue Nile
Most cities have lists of houses that one can buy for about $1.... they don't come with any land; you have to relocate the house in a timely manner, and pay all costs associated with the move and new foundation, driveway, garage, utilities...  and of course you need to already own a properly zoned lot for placing it on.

As for county records of property transfers for $10 or $11?  Those are family transfers, typically to a living trust or similar for estate tax planning purposes.  They have to record some value for the transfer in the transfer records.  It has absolutely nothing to do with any sale, especially to some independent arms length purchasing party.  Those properties are never listed for sale, because they are not.  Even if it was a "real sale" to a nephew or something, it is a closed agreement; no advertising, and no outside parties welcome.
  • July 19 2013
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