Detroit man plans to trade home for iPhone 6, gets both the sale and phone
Would you trade your home for an iPhone 6?
Would you trade your home for an iPhone 6?
That's about how desperate one homeowner in Detroit got when he realized the market was so bad and no one would buy his run-down home, which he bought as an investment.
According to Zillow, Andreas Gindelhuber bought the 2,400-square-foot foreclosed home in 2010 for $41,000. Hoping to make money on it as a rental property, Gindelhuber noticed the Detroit market plummeting and home values on his street worsening. After his tenants left, he owed $6,000 in county taxes.
Gindelhuber put the three-bedroom, one-and-a-half bath home on the market for months, and even at $3,000, no one would take it.
That's when Gindelhuber told his realtor he would trade it for an iPhone 6 or a new iPad. His realtor thought it would be a good idea to add that to the listing because it would make it stand out, according to Zillow.
And it did. The listing soon went viral once the local Fox station got a hold of it.
The realtor, Larry Else, told Zillow the home recently sold for less than $1,000 to a buyer on the same street.
Gindelhuber's luck continued on Wednesday, when Else got an email from a German man who said he wanted to donate his iPhone 6 to Gindelhuber.
Although Gindelhuber hasn't received the phone yet, it looks like he is getting more than what he bargained for.
[Zillow]
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