Advertisement

Detroit home's asking price: An iPhone 6

Detroit real estate broker Larry Else says his client is offering up a home he bought for $41,000 in 2010 for the asking price of one iPhone 6.

By Ben Hooper
Boxes containing the two new iPhone 6 models are seen at the Apple Store. (File/UPI/David Silpa)
Boxes containing the two new iPhone 6 models are seen at the Apple Store. (File/UPI/David Silpa) | License Photo

Subscribe | UPI Odd Newsletter

DETROIT, Oct. 8 (UPI) -- A Detroit homeowner selling an "investor special" house has lowered the asking price from $5,000 to an iPhone 6, his real estate broker said.

Larry Else, real estate broker for the unidentified man, who lives in Austria, said his client is willing to trade the run-down "investor special" home for the latest iPhone, but he will also accept a 32 gigabyte iPad.

Advertisement

"This house is really not worth much at all," Else told ABC News.

He said his client purchased the house for $41,000 in 2010 and only later learned the seller had purchased it for $10,500 only two weeks earlier.

Else said his client "was a victim himself."

The home, which has no front door, has since accumulated more than $6,000 in back taxes and is due to go into foreclosure next year if the taxes remain unpaid.

Else said there has been some interest in the home since the offer went public, including a potential buyer who offered an iPhone 5, an older model than the asking price, and another who offered $850. The broker said one woman said she was interested in the house "for the wood" because she needed white pine planks.

Advertisement

Latest Headlines