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.

Reader Comments (13)

13 Comments / 1 Pages

Renter's Rules

Whether you're a new renter or previous homeowner looking to rent again, navigating the process of finding an apartment can be difficult. We're here to give you everything you need to know about renting and make your search for an apartment a little easier.
AOL RealEstate on Facebook

Compare Mortgage Rates

Mortgage Rates by Zillow