Yes, You Can Buy a Decent Home for $10,000 or Less

(The house above, located in Garfield Heights, Ohio, is listed for just $9,900.)

Buy a house for less than it costs to buy a car? According to a recent report in Time's "Moneyland" column, this season has seen a spike in sub-$10,000 homes. In Baltimore, one in 10 homes sold during the first half of 2011 cost less than 10 grand. Ditto for foreclosure-plagued Detroit, where a search of our real estate listings turns up more than 1,000 hits on properties for $10,000 or less.

Sure, you'll have to adjust your expectations a bit, but many of these super-cheap homes won't necessarily force you to abandon considerations like size, location and appearance. In fact, the houses we've compiled in our $10,000-or-less house gallery have more going for them than just their astonishingly low price tags. Don't believe us? Click through the gallery below:

Also see:
Real Estate Commission: How Much Should You Pay?
Home Sellers Step In Where Banks Fear to Tread
The Best on the Block: Luxury Homes at Auction

Unreal Estate: Home Seller Throws In $1,000 Worth of Booze

More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.

Add a Comment

*0 / 3000 Character Maximum