Run-down and vacant homes in Detroit are being auctioned off for as little as $1,000. All homeowners have to do is get them into livable condition in 6 months. An auction home in Detroit with a ... Contact details. Detroit Land Bank Authority 500 Griswold Street Suite 1200 Detroit , MI 48226. Phone: 1-844-BUY-DLBA ( TTY: 711 ) Hours: M-F 9am - 5pm Mail: [email protected]Detroit homes sell for $1 amid mortgage and car industry crisis. This article is more than 13 years old. One in five houses left empty as foreclosures mount and property prices drop by 80%.Cheap Harmony Village house for rent in Detroit. Quick look. 15487 Monte Vista St, Detroit, MI 48238. Harmony Village · Detroit. Outdoor Space. Concierge Service. In Unit Laundry. 4 Beds. 1 Bath. On Point2, you’ll find 24 luxury homes for sale in Detroit, MI, with prices ranging from $1,095,000 to $6,999,000. How do I search for Detroit, MI luxury homes for sale? Finding Detroit, MI luxury real estate has never been easier on Point2. Jan 18, 2022 · As for the home’s amazing transformation—all kudos should be directed at the guys from HGTV’s “ Bargain Block .”. Sold for a mere $12,000 in September 2020, the 1,364-square-foot, two ... Turn key ready! $195,000. 1,330 Sq. Ft. 4572 W Jefferson Ave, Ecorse, MI 48229. 4572 W Jefferson Ave, Ecorse, MI 48229. Million Dollar - Detroit Home for Sale: Welcome home to this gorgeous million dollar mansion! This colonial is move-in ready, with fresh paint, new flooring, and basement waterproofing. Detroit homes sell for $1 amid mortgage and car industry crisis. This article is more than 13 years old. One in five houses left empty as foreclosures mount and property prices drop by 80%.$1 homes in Detroit are equal to timeshares people were trying to offload. I believe the city goes after homeowners for back property taxes, which is a bad proposition. Although it might be fun to own a city block for $20.In the past decade, the Detroit Land Bank Authority has started auctioning off these abandoned homes for as little as $1,000. An abandoned home in Detroit. The Detroit Land Bank Authority is an organization that works with the local government to sell these homes to buyers. In 2014, the city of Detroit, Wayne County, and the state of Michigan ...Aug 23, 2021 · The first was to help themselves offload foreclosed homes that they could not sell. To be eligible for the $1 home program, a home must remain unsold for at least six months. Note that individuals cannot buy the houses directly from HUD and the Federal Housing Authority (FHA). Government homes for $1 will be available through third-party ... Aug 18, 2023 · A Zillow listing for the “world’s cheapest home” posted on the real estate site this week is asking just $1 for a 2-bed, 1-bath, 742 square-foot home in Pontiac, Mich. “Yes, you read that ... To learn more about our current HUD homes in Detroit, MI, register today! The perfect home could be waiting for you. Check out Detroit, MI HUD homes for sale, which may include auction properties, for sale by owner, and more. Showing 1 - 44 of 176. 3 Beds, 1 Bath.3049 Sq. Ft. (Lot) 2939 Park, Detroit, MI 48201 3013. (313) 466-7253. Luxury Home for Sale in Detroit: Your dream home in the heart of Midtown. This stunning 3 bedroom, 2 bath luxury loft boasts exquisite design, unparalleled comfort, and unbeatable walkability in the most vibrant area of the city. Find your dream home in Detroit, MI! Browse through a variety of homes for sale in Detroit, MI and choose the perfect one for you. Get in touch with us today!12685 August Ave. Detroit, MI 48205. $700 3 Bedroom, 1 Bath Home for Rent Available Now. View Details (313) 771-4079. Zillow has 87 homes for sale in Dearborn Heights MI. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Starting bid for this house in Detroit: $500. Photograph: Mike Williams. When the mower went quiet, my neighbor Woods, still sitting in his truck, called me over.6969 Sq. Ft. (Lot) 1776 W Grand, Detroit, MI 48208. (248) 729-0011. Land for Sale in Detroit: .21 Acres of M4 zoned land in Islandview. There is a large commercial fence that encloses the property with substantial value. 3915 Beaufait is across the alley and can be a part of the sale as well 80k total. The median list price of Detroit homes on Zillow is an incredible $13,000, down $2,000 since December. Today there are at least 15 homes that you an buy for only $100. Many of them are boarded up ...1 Bath. 1,246 Sq. Ft. 5390 Iroquois St, Detroit, MI 48213. Detroit Home for Sale: Promising 2-bedroom, 1-bathroom house with a long driveway for two cars, ideally situated near the 75 freeway between Mound Road and Van Dyke Ave. While needing a touch of TLC, this property offers great potential.May 31, 2015 · But you can buy a $500 house, invest some time and money, and have a great property for $30,000-plus (which is a lot less than anywhere else in the country). 1. A $500 house never actually costs ... Detroit was hoping for investors from outside the area to jump in the trap. By not revaluating, and keeping the rates distribution at pre-collapse levels, they're pinning their hopes on those homes with the best potential for post-collapse recovery to yield the highest tax revenues in the interim.Detroit homes sell for $1 amid mortgage and car industry crisis. This article is more than 13 years old. One in five houses left empty as foreclosures mount and property prices drop by 80%.Detroit Homes for Sale $67,744. Windsor Homes for Sale -. Warren Homes for Sale $187,295. Dearborn Homes for Sale $218,675. Royal Oak Homes for Sale $312,916. Oak Park Homes for Sale $215,879. Madison Heights Homes for Sale $205,269. Hamtramck Homes for Sale $156,707. Ferndale Homes for Sale $242,059.Zillow has 1 photo of this $130,000 3 beds, 2 baths, 1,024 Square Feet single family home located at 14001 Glastonbury Ave, Detroit, MI 48223 built in 1941.Detroit Homes by Zip Code. 48212 Homes for Sale $111,050; 48221 Homes for Sale $131,840; 48227 Homes for Sale $57,457; 48234 Homes for Sale $48,799; 12685 August Ave. Detroit, MI 48205. $700 3 Bedroom, 1 Bath Home for Rent Available Now. View Details (313) 771-4079. Zillow has 3 photos of this $46,500 2 beds, 2 baths, 934 Square Feet single family home located at 19674 Stotter St, Detroit, MI 48234 built in 1951. According to Elsa, even though the buyer only pays one dollar for a house in Detroit, the taxes are applied as if the home is still worth $60,000. Someone might buy a house in Detroit for a dollar and then end up paying $2,000 to $3,000 a year in taxes on the property.Sep 5, 2023 · Detroit Homes for Sale $67,744. Windsor Homes for Sale -. Warren Homes for Sale $187,295. Dearborn Homes for Sale $218,675. Royal Oak Homes for Sale $312,916. Oak Park Homes for Sale $215,879. Madison Heights Homes for Sale $205,269. Hamtramck Homes for Sale $156,707. Ferndale Homes for Sale $242,059. The Building Detroit home auction started earlier this month, and the city has already auctioned off several homes, all starting at $1,000, though bids have pushed most final prices above $30,000. Most homes, too, need extensive and costly work done to make them livable.1,406 Detroit MI Houses under $100,000. $74,500. 2 Beds. 1 Bath. 732 Sq Ft. 18267 Codding St, Detroit, MI 48219. Welcome to this newly remodeled gem located on the desirable West side of Detroit, located between Grand River and Telegraph. This home boasts a complete transformation with fresh siding, a new roof, windows, and doors, providing ... However, individuals cannot purchase the $1 homes directly. Only houses up for auction can be purchased, through bidding. Advertisement - story continues below. Moreover, only a few states have $1 ...Delaware Homes by Zip Code. 19904 Homes for Sale $303,763. 19901 Homes for Sale $296,828. 19963 Homes for Sale $325,540. 19934 Homes for Sale $336,268. 19962 Homes for Sale $397,757. 19943 Homes for Sale $350,333. 19952 Homes for Sale $301,485. 19960 Homes for Sale $309,846. NEW YORK DAILY NEWS. Detroit's real estate market is in dismal shape, and some properties, like this 2,248 square-foot home, are on sale for $1. (Zillow) In some cities, they'd be a bargain at ...Zillow has 1 photo of this $130,000 3 beds, 2 baths, 1,024 Square Feet single family home located at 14001 Glastonbury Ave, Detroit, MI 48223 built in 1941. Apr 14, 2014 · The Detroit Land Bank Authority's Building Detroit auction site initially lists several city-owned homes in East English Village, a residential neighborhood on Detroit's east side, with starting bids of $1,000 each. The auction for each property will last one day only, with staggered dates in May. Zillow has 3 photos of this $46,500 2 beds, 2 baths, 934 Square Feet single family home located at 19674 Stotter St, Detroit, MI 48234 built in 1951. The world-famous downtown of Detroit is now at a stone's throw thanks to some kind citizens, according to MoneyNation.com. The recession hurt Detroit badly, with some owners going as low as a buck just to flee. It's not as bad as long as interested buyers have a sustainable income and there are over 70,000 potential 1-dollar homes to choose from.Sep 3, 2023 · 4,391 cheap homes for sale in Michigan, MI, priced up to $160,000. Find the latest property listings around Michigan, with easy filtering options. Find your next affordable home or property here Buy. The Detroit Land Bank Authority offers Detroit residents an abundance of home and land ownership opportunities. We’ve designed our sales programs to make buying property in Detroit more accessible and affordable than ever before. This is your chance to take part. Start your search by clicking on the boxes below or explore the tabs above ...Sep 1, 2023 · 18241 Rosemont Ave, Detroit MI, is a Single Family home that contains 1091 sq ft and was built in 1946.It contains 3 bedrooms and 1 bathroom.This home last sold for $72,000 in September 2023. The Zestimate for this Single Family is $68,300, which has decreased by $13,045 in the last 30 days.The Rent Zestimate for this Single Family is $1,294/mo, which has increased by $144/mo in the last 30 days. 1001 W Jefferson Ave #18E, Detroit, MI 48226. BERKSHIRE HATHAWAY HOMESERVICES THE LOFT WAREHOUSE. $350,000. 2 bds. 2 ba. 1,019 sqft. - Condo for sale. 200 River Place Dr APT 20, Detroit, MI 48207. @PROPERTIES CHRISTIE'S INT'L R.E. BIRMINGHAM.Sep 7, 2023 · Zillow has 4806 homes for sale in Wayne County MI. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Detroit Homes for Sale $67,744. Windsor Homes for Sale -. Warren Homes for Sale $187,295. Dearborn Homes for Sale $218,675. Royal Oak Homes for Sale $312,916. Oak Park Homes for Sale $215,879. Madison Heights Homes for Sale $205,269. Hamtramck Homes for Sale $156,707. Ferndale Homes for Sale $242,059.Zillow has 43 homes for sale in Detroit MI matching Gated Community. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place.Currently, there are 196 new listings and 2972 homes for sale in Detroit. Home Size. Home Value*. 1 bedroom (80 homes) $137,082. 2 bedrooms (424 homes)May 31, 2015 · But you can buy a $500 house, invest some time and money, and have a great property for $30,000-plus (which is a lot less than anywhere else in the country). 1. A $500 house never actually costs ... Aug 1, 2023 · The world-famous downtown of Detroit is now at a stone's throw thanks to some kind citizens, according to MoneyNation.com. The recession hurt Detroit badly, with some owners going as low as a buck just to flee. It's not as bad as long as interested buyers have a sustainable income and there are over 70,000 potential 1-dollar homes to choose from. The Building Detroit home auction started earlier this month, and the city has already auctioned off several homes, all starting at $1,000, though bids have pushed most final prices above $30,000. Most homes, too, need extensive and costly work done to make them livable.Detroit Homes for Sale $67,744. Windsor Homes for Sale -. Warren Homes for Sale $187,295. Dearborn Homes for Sale $218,675. Royal Oak Homes for Sale $312,916. Oak Park Homes for Sale $215,879. Madison Heights Homes for Sale $205,269. Hamtramck Homes for Sale $156,707. Ferndale Homes for Sale $242,059.Apr 8, 2020 · In 2019, just two homes in Detroit sold for over $1 million. As of today, there’s no less than 10 homes for sale at that price or higher. By Aaron Mondry January 9, 2020 Jan 18, 2022 · As for the home’s amazing transformation—all kudos should be directed at the guys from HGTV’s “ Bargain Block .”. Sold for a mere $12,000 in September 2020, the 1,364-square-foot, two ... 494 Lakewood St, Detroit, MI 48215 is currently not for sale. The 2,650 Square Feet single family home is a 4 beds, 2 baths property. This home was built in 1914 and last sold on 2023-09-01 for $322,000.Aug 1, 2023 · The world-famous downtown of Detroit is now at a stone's throw thanks to some kind citizens, according to MoneyNation.com. The recession hurt Detroit badly, with some owners going as low as a buck just to flee. It's not as bad as long as interested buyers have a sustainable income and there are over 70,000 potential 1-dollar homes to choose from. Aug 1, 2023 · The world-famous downtown of Detroit is now at a stone's throw thanks to some kind citizens, according to MoneyNation.com. The recession hurt Detroit badly, with some owners going as low as a buck just to flee. It's not as bad as long as interested buyers have a sustainable income and there are over 70,000 potential 1-dollar homes to choose from. Zillow has 34458 homes for sale in Michigan. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Detroit Homes for Sale $67,744. Windsor Homes for Sale -. Warren Homes for Sale $187,295. Dearborn Homes for Sale $218,675. Royal Oak Homes for Sale $312,916. Oak Park Homes for Sale $215,879. Madison Heights Homes for Sale $205,269. Hamtramck Homes for Sale $156,707. Ferndale Homes for Sale $242,059.Jun 1, 2015 · Someone might buy a house in Detroit for a dollar and then end up paying $2,000 to $3,000 a year in taxes on the property. The cheap homes available in Detroit have warnings spray painted on them like “Keep Out,” “Property under surveillance” and “Stay away!! Scrappers will b shot!” However, individuals cannot purchase the $1 homes directly. Only houses up for auction can be purchased, through bidding. Advertisement - story continues below. Moreover, only a few states have $1 ...Sep 6, 2023 · Contact details. Detroit Land Bank Authority 500 Griswold Street Suite 1200 Detroit , MI 48226. Phone: 1-844-BUY-DLBA ( TTY: 711 ) Hours: M-F 9am - 5pm Mail: [email protected] Sep 3, 2023 · 4,391 cheap homes for sale in Michigan, MI, priced up to $160,000. Find the latest property listings around Michigan, with easy filtering options. Find your next affordable home or property here The world-famous downtown of Detroit is now at a stone's throw thanks to some kind citizens, according to MoneyNation.com. The recession hurt Detroit badly, with some owners going as low as a buck just to flee. It's not as bad as long as interested buyers have a sustainable income and there are over 70,000 potential 1-dollar homes to choose from.Aug 18, 2023 · A Zillow listing for the “world’s cheapest home” posted on the real estate site this week is asking just $1 for a 2-bed, 1-bath, 742 square-foot home in Pontiac, Mich. “Yes, you read that ... Mar 2, 2010 · Detroit homes sell for $1 amid mortgage and car industry crisis. This article is more than 13 years old. One in five houses left empty as foreclosures mount and property prices drop by 80%. 1883 single family homes for sale in Detroit MI. View pictures of homes, review sales history, and use our detailed filters to find the perfect place.Aug 23, 2021 · The first was to help themselves offload foreclosed homes that they could not sell. To be eligible for the $1 home program, a home must remain unsold for at least six months. Note that individuals cannot buy the houses directly from HUD and the Federal Housing Authority (FHA). Government homes for $1 will be available through third-party ... $1 homes in Detroit are equal to timeshares people were trying to offload. I believe the city goes after homeowners for back property taxes, which is a bad proposition. Although it might be fun to own a city block for $20.May 12, 2020 · Some may still be protected and have some fixtures, but these will sell for $800 to $1000. So, expect that a $1 is extremely far gone and gutted beyond repair that it may be impractical to renovate and it might be easier to just tear down the entire house and build a new one. Unfortunately, that might not be possible in neighborhoods with $1 homes. How many HUD foreclosures are available for sale in Detroit, MI? Right now, Detroit, MI currently has 3,373 HUD foreclosure listings available. HUD offers a variety of apartments, duplexes, townhouses and single-family houses to purchase in Detroit, MI. If you located a great foreclosed HUD home deal near you, be sure to first get pre-qualified ...Up to $10K Price Range List Price Monthly Payment Minimum – Maximum Beds & Baths Bedrooms Bathrooms Apply Home Type (6) Home Type Houses Townhomes Multi-family Condos/Co-ops Lots/Land Apartments Manufactured More filters Greenwich Homes for Sale $128,954. Oak Grove Homes for Sale $90,747. Chaldean Town Homes for Sale $59,165. Sherwood Forest Homes for Sale $375,048. Palmer Park Homes for Sale $80,804. Detroit Golf Homes for Sale $496,210. Garden Homes Homes for Sale $76,031. Palmer Woods Homes for Sale $537,364. For many Detroit homes, the first auction price is just the amount of liens and taxes owed on the house. If no one buys them then, they either go to a second auction where the prices start at $500 ...16580 Sorrento St, Detroit, MI 48235 is currently not for sale. The 1,108 Square Feet single family home is a 3 beds, 1 bath property. This home was built in 1939 and last sold on 2023-09-01 for $40,000.Bid Results. local governments. Other HUD Special Programs. Search Properties. Recent Listings (0) Recent Searches (1) * Required field, except if Property Case # or Zip Code is entered.Turn key ready! $195,000. 1,330 Sq. Ft. 4572 W Jefferson Ave, Ecorse, MI 48229. 4572 W Jefferson Ave, Ecorse, MI 48229. Million Dollar - Detroit Home for Sale: Welcome home to this gorgeous million dollar mansion! This colonial is move-in ready, with fresh paint, new flooring, and basement waterproofing.A fire-damaged brick apartment on Nottingham Rd. Zillow.com. Price: $25. Square feet: 1,755. This house last sold in October 2008 for $12,000. The price has increased $1 since Dec. 16, 2011 ...May 12, 2020 · Some may still be protected and have some fixtures, but these will sell for $800 to $1000. So, expect that a $1 is extremely far gone and gutted beyond repair that it may be impractical to renovate and it might be easier to just tear down the entire house and build a new one. Unfortunately, that might not be possible in neighborhoods with $1 homes. To learn more about our current HUD homes in Detroit, MI, register today! The perfect home could be waiting for you. Check out Detroit, MI HUD homes for sale, which may include auction properties, for sale by owner, and more. Showing 1 - 44 of 176. 3 Beds, 1 Bath.Jan 14, 2019 · Instead of a traditional mortgage payment, each single family home is sold for just $1. Obviously, this makes home ownership a lot more accessible to a lot more people. But it isn’t totally ... Jan 18, 2022 · As for the home’s amazing transformation—all kudos should be directed at the guys from HGTV’s “ Bargain Block .”. Sold for a mere $12,000 in September 2020, the 1,364-square-foot, two ... 3 Homes under $700. 17405 Bradford Ave. Detroit, MI 48205. House for Rent. $647 /mo. 1 Bed, 1 Bath. 17300 Bradford Ave. Detroit, MI 48205. House for Rent. 1001 W Jefferson Ave #18E, Detroit, MI 48226. BERKSHIRE HATHAWAY HOMESERVICES THE LOFT WAREHOUSE. $350,000. 2 bds. 2 ba. 1,019 sqft. - Condo for sale. 200 River Place Dr APT 20, Detroit, MI 48207. @PROPERTIES CHRISTIE'S INT'L R.E. BIRMINGHAM. Greenwich Homes for Sale $128,954. Oak Grove Homes for Sale $90,747. Chaldean Town Homes for Sale $59,165. Sherwood Forest Homes for Sale $375,048. Palmer Park Homes for Sale $80,804. Detroit Golf Homes for Sale $496,210. Garden Homes Homes for Sale $76,031. Palmer Woods Homes for Sale $537,364.
3 Homes under $700. 17405 Bradford Ave. Detroit, MI 48205. House for Rent. $647 /mo. 1 Bed, 1 Bath. 17300 Bradford Ave. Detroit, MI 48205. House for Rent. . Southpark and it
Mayor Dave Bing is trying to save Detroit by offering incentives to lure residents back to abandoned neighborhoods. One program offers $150,000 in housing renovation money and requiring only ... Detroit Homes for Sale $67,744. Windsor Homes for Sale -. Warren Homes for Sale $187,295. Dearborn Homes for Sale $218,675. Royal Oak Homes for Sale $312,916. Oak Park Homes for Sale $215,879. Madison Heights Homes for Sale $205,269. Hamtramck Homes for Sale $156,707. Ferndale Homes for Sale $242,059.Up to $10K Price Range List Price Monthly Payment Minimum – Maximum Beds & Baths Bedrooms Bathrooms Apply Home Type (6) Home Type Houses Townhomes Multi-family Condos/Co-ops Lots/Land Apartments Manufactured More filters 494 Lakewood St, Detroit, MI 48215 is currently not for sale. The 2,650 Square Feet single family home is a 4 beds, 2 baths property. This home was built in 1914 and last sold on 2023-09-01 for $322,000.BRICK AND STONE REAL ESTATE. $59,000. 0.33 acres lot. - Lot / Land for sale. 2637 W Boston Blvd, Detroit, MI 48206. BRICK AND STONE REAL ESTATE. $75,000. Zillow has 3 photos of this $46,500 2 beds, 2 baths, 934 Square Feet single family home located at 19674 Stotter St, Detroit, MI 48234 built in 1951.Jan 10, 2020 · ♦ Of 173,000 Detroit homes reviewed, more than 92% were over-assessed between 2010 and 2016, and overtaxed by an average total of $3,800. Nearly 96,000 of those properties were taxed twice as ... View Details 22 6267 GRANDVILLE Avenue, Detroit, MI 48228 3 Beds 1 Bath 868 Sqft 0.14 ac Lot Size 3 bedroom bungalow ready for its new occupants .Large back yard , corner lot . Freshly painted throughout , the price is right . All data approx. BATVAI $99,900 USD 21 2951 W BURNSIDE Street N, Detroit, MI 48212 3 Beds 1 Bath 940 Sqft 0.07 ac Lot SizeApply to multiple properties within minutes. Find out how 2055 Vinewood St Detroit, MI 48216 House for Rent $995 /mo 1 Bed, 1 Bath 17130 Birchcrest Dr Detroit, MI 48221 House for Rent $895 /mo 1 Bed, 1 Bath 551 Algonquin St Detroit, MI 48215 House for Rent $975 /mo 2 Beds, 1 Bath 2683 Central Detroit, MI 48209 House for Rent $995 /mo 2 Beds, 1 Bath Aug 1, 2023 · The world-famous downtown of Detroit is now at a stone's throw thanks to some kind citizens, according to MoneyNation.com. The recession hurt Detroit badly, with some owners going as low as a buck just to flee. It's not as bad as long as interested buyers have a sustainable income and there are over 70,000 potential 1-dollar homes to choose from. Who: Prospective Detroit Home Buyers that complete the NACA pre-purchase home buyer program. All buyers in Detroit will have access to loans worth up to 110% of the home’s loan-to-value ratio. For homes bought through the Detroit Land Bank's site, www.buildingdetroit.org, that loan-to-value ratio increases up to 150%. The world-famous downtown of Detroit is now at a stone's throw thanks to some kind citizens, according to MoneyNation.com. The recession hurt Detroit badly, with some owners going as low as a buck just to flee. It's not as bad as long as interested buyers have a sustainable income and there are over 70,000 potential 1-dollar homes to choose from.Mayor Dave Bing is trying to save Detroit by offering incentives to lure residents back to abandoned neighborhoods. One program offers $150,000 in housing renovation money and requiring only ... Run-down and vacant homes in Detroit are being auctioned off for as little as $1,000. All homeowners have to do is get them into livable condition in 6 months. An auction home in Detroit with a ... Mar 2, 2010 · Detroit homes sell for $1 amid mortgage and car industry crisis. This article is more than 13 years old. One in five houses left empty as foreclosures mount and property prices drop by 80%. Sep 6, 2023 · Contact details. Detroit Land Bank Authority 500 Griswold Street Suite 1200 Detroit , MI 48226. Phone: 1-844-BUY-DLBA ( TTY: 711 ) Hours: M-F 9am - 5pm Mail: [email protected] Aug 23, 2021 · The first was to help themselves offload foreclosed homes that they could not sell. To be eligible for the $1 home program, a home must remain unsold for at least six months. Note that individuals cannot buy the houses directly from HUD and the Federal Housing Authority (FHA). Government homes for $1 will be available through third-party ... Jan 14, 2019 · Instead of a traditional mortgage payment, each single family home is sold for just $1. Obviously, this makes home ownership a lot more accessible to a lot more people. But it isn’t totally ... .