Is this a $6,900 home bargain?

October 22nd, 2009

For a foreclosure, the house at 15461 Kentfield St. in Detroit needed surprisingly little work. The new owner, an investor from the Chicago area named Kevin Holmes, slapped on a coat of paint, pulled up the dirty carpets, and replaced the stolen water heater. The car stashed out back, he learned soon enough, belonged to a neighbor, not a thief using the three-bedroom as a makeshift chop shop.img src="http://feeds.feedburner.com/~r/rss/money_realestate/~4/cbkDX5GHSGw" height="1" width="1"/
Home mortgage rates and real estate news - CNNMoney.com

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