Get Paid to Take One of These Houses

5

detroit house

Cash for houses -- what's the catch, you ask? Well, I think if you look at the photograph of the house above, you might be able to figure out the catch. Of course, besides the fact that the house is sort of falling down, there's another catch. All the extreme fixer-uppers -- and there are lots -- are in Detroit.

Find out how to get paid to move here.

Detroit's Mayor Dave Bing is offering cash incentives to lure homeowners to abandoned neighborhoods and dilapidated homes. For example, if you're a police officer willing to relocate to Detroit, you can get $150,000 in housing renovation money with just $1,000 down. College graduates can take advantage of an offer for $2,500 to rent and a $20,000 forgivable loan to buy properties.

While you may find it tough to get a job in the area (Metropolitan Detroit had an unemployment rate of 13.5 percent in November 2010), there are lots of formerly cool houses to choose from. If you're good with DIY and home improvements and you can find a job working from home, this could be a total score! Provided you bring some friends along to take on the junk houses surrounding yours.

Here are a few more examples from photographer Kevin Bauman's project 100 Abandoned Houses in Detroit.

detroit house

Detroit home

detroit home

detroit house

detroit house

Would you consider moving to Detroit to get paid for one of these houses?

 

Images via Kevin Bauman



real estate, budget finds