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Home for sale in Mississauga for $1?

We have a semi-detached home for sale in Mississauga currently listed for $1. What is the catch and why would a seller allow their home to be listed at this ridiculously low price? The strategy here is to attract multiple bids but this strategy can backfire. Offers on this home will be presented on March 6th so we will see whether this strategy paid. I do not think such a strategy is wise as most buyers would see this listings as we generally search the MLS  according to a certain price range.

Keller Williams Real Estate Associates.
BUS 905-812-8123
FAX 905-812-8155 DIRECT 905-785-7282
E-MAIL : mailto:gail@gailsellshouses.com?subject=Mississauga
Website : www.gailsellshouses.com

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