Belt Auction

I have seen in Yahoo Real Estate houses for $100/$500/$1000. I know you can't buy a house & lot for that price?

These are foreclosed homes, but I know that you can't buy a house & lot for that price. What is really going on here? I have tried e-mailing to the realtor listed, but I get now answer. Any info on this will be appreciated.

Public Comments

1. They forgot the thousand dollars.
2. They dropped the zeros so 100 becomes 100,000.
3. If a property owner does not pay her $500 property tax bill, it is legal for a stranger to pay the money to the county. If the owner does not pay the bill for another 6 years, the stranger can legally become the owner of the property .... just by paying the "back taxes". It is a long process and the chance of success is less than 1%. Do not call or email on any offers of houses for $1,000..