Peruvian next up to buy Packard Plant after missed deadline
But will the Wayne County treasurer enforce the deadline and invalidate the bid of Chicago-area investor Bill Hults?
28 Detroit houses selling for $500 at county auction
Some of the properties are abandoned and gutted, while others could fetch more than $85,000 in any other community.
Packard Plant fetches $21,000 bid from anonymous investor
Whoever wins the auction will inherit hefty costs, from demolition to a six-figure tax bill.
Photos: You won't believe the Detroit properties up for bid
Up for bid: Beautiful colonial homes, abandoned factories, gas stations, churches, a hospital, countless boarded-up bungalows and ornate apartment buildings.
Photos: Thousands gather downtown in bid to host X Games
What Detroit lacks in luster, it makes up for in sweat.
Mayor Bing: Detroit won’t compete for 2024 Summer Olympics; cites severe budget crisis
The decision comes a day after the mayor said he has accepted the inevitability of Gov. Snyder appointing an emergency manager in Detroit.