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America’s cheapest house for sale for $500 with four bedrooms and two-car garage — but you can only buy it online

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HOUSE hunters have an incredible opportunity to snag a home for just a few hundred dollars.

A property in Hedgesville, West Virginia, is selling online for just $500.

A property in Hedgesville, West Virginia is selling online for just $500 (stock image)

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A property in Hedgesville, West Virginia is selling online for just $500 (stock image)Credit: Getty
Those interested in purchasing the property can contact the listing agent for a private showing

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Those interested in purchasing the property can contact the listing agent for a private showingCredit: Getty

The house has four bedrooms, three bathrooms and a two-car garage.

It’s spacious enough for a large family, with 2,218 square feet on a 0.29-acre lot.

The home was built in 2017 and last sold in March 2022 for around $340,000.

The Hedgesville property was listed in Realtor.com almost 30 days ago.

Hedgesville is a city in Berkeley County, West Virginia, with a population of 318, according to the 2010 Census.

The town is on WV 9, about 13 miles east of Berkeley Springs.

According to the city websiteHedgesville is located on the site of a natural spring that served as a meeting place before the arrival of European settlers in the early 1700s.

The spring was a determining factor in the settlement of the area.

The town grew from a trading village known as Skinners Gap on North Mountain.

A charter in 1870 gave the City Council control of the area and adjacent land.

Win this coastal home in Cornwall with Omaze

“The water temperature at the spring is a constant 57 degrees and has never been affected by drought,” states the city’s website. “Legend has it that whoever drinks from the spring always comes back.”

Those interested in purchasing the property can contact the listing agent for a private showing.

MORE OFFERS

Americans can also win a heavily discounted home with six bedrooms and an extra lot.

The Detroit home is listed for just $7,500, but you’ll need to act fast if you want to secure the real estate deal.

Lien and Mortgage Increases Explained

What is a deposit? Why did my mortgage payment go up?

Escrow accounts are created to help homeowners cover insurance, property taxes, or other home-related expenses.

If you have a deposit, part of your monthly mortgage payment goes into the account.

The escrow management company then uses the money in the escrow account to pay taxes and insurance when those payments are due.

Essentially, escrow bundles these other charges with your monthly principal payments, making them easier to manage. The goal is to make homeowners less likely to default on payments.

If the government’s annual assessment of your home determines that property taxes will increase, escrow payments may also increase, meaning even those with fixed mortgage payments could end up shelling out more money every month.

Listed on Realtor.com, the 6-bedroom, 2.5-bathroom home is located on West Arizona Street in Detroit, Michigan.

The property was built in 1921 and needs to be completely renovated, according to the advertisement.

However, for the cheap price of $7,500, the multi-family home can be a great investment and a superior fixer-upper.

The brick home is 2,868 square feet, costing prospective owners less than $3 per square foot.

The estimated monthly payment for the house is $178.

Meanwhile, one homeowner saved $60,000 by purchasing a home after switching strategies.

And house hunters may have a great chance of scoring a unique deal on a new property.

To each their own home… do you want to buy a new property?

Customize your search to find a home that’s perfect for you. check out Realtor.com.



This story originally appeared on The-sun.com read the full story

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