Zillow Advice: Buying a Foreclosure - What's the catch on $1 homes? http://www.zillow.com/advice-thread/What%27s-the-catch-on-1-homes/510834/ Zillow Advice | Zillow Real Estate Sometimes agents put $1 because ... http://www.zillow.com/advice-thread/What%27s-the-catch-on-1-homes/510834/ Sometimes agents put $1 because it attracts a lot of buyers. However, the real price is much higher! Wed, 11 Sep 2013 12:04:00 GMT http://www.zillow.com/advice-thread/What%27s-the-catch-on-1-homes/510834/ 2013-09-11T12:04:00Z Yes, the auction starts at ... http://www.zillow.com/advice-thread/What%27s-the-catch-on-1-homes/510834/ Yes, the auction starts at a $1 dollar minimum. A good Idea is to look at comparable properties around that home and that should give you a better idea of what that home is potentially worth.&nbsp;<br/>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;- Jose Pulido Wed, 11 Sep 2013 08:50:00 GMT http://www.zillow.com/advice-thread/What%27s-the-catch-on-1-homes/510834/ 2013-09-11T08:50:00Z It's an auction property, ... http://www.zillow.com/advice-thread/What%27s-the-catch-on-1-homes/510834/ It's an auction property, so there is not set price. Oddly while both the Zillow listing and the linked listing state it is an auction property they don't give the time or place. Wed, 11 Sep 2013 05:29:00 GMT http://www.zillow.com/advice-thread/What%27s-the-catch-on-1-homes/510834/ 2013-09-11T05:29:00Z No, homes can't be purchased ... http://www.zillow.com/advice-thread/What%27s-the-catch-on-1-homes/510834/ No, homes can't be purchased for a dollar.&nbsp;&nbsp; Those are likely houses in foreclosure and $1 is the minimum auction price.&nbsp;&nbsp;&nbsp; A link to an example may be helpful.<br/><br/> Wed, 11 Sep 2013 04:48:00 GMT http://www.zillow.com/advice-thread/What%27s-the-catch-on-1-homes/510834/ 2013-09-11T04:48:00Z