You often have to "pitch" your renovation plan to a city board.
Buying a home for a single dollar sounds like a urban legend, but it is a legitimate real estate strategy used by local governments to combat urban decay. While the purchase price is $1, the "true cost" is often much higher. 🏚️ Where Do These Homes Come From? how to buy a home for a dollar
You must bring the home up to code within 6–12 months. You often have to "pitch" your renovation plan
Many programs are restricted to first-time buyers or low-income residents. how to buy a home for a dollar