A Detroit area disabled mother of six, LaWanda Flake, fed up with unreliable public transportation in her neighbourhood and no car, decided to do something about it.
So she posted an ad on Craigslist looking to trade her house for a vehicle. As crazy as that sounds, Flake’s home was actually a foreclosure property that she’d bought for just $3,600 even though the city had evaluated the dwelling at some $96,000.
After responses to the ad in which she was offered cars such as a 1996 Bentley Brooklands and even a Corvette, Flake settled on a used 2006 Chevy Uplander minivan with 85,000 miles on the clock. The vehicle, worth around $6,000 was traded for her four-bedroom house.
For Flake, the idea behind the swap wasn’t to profit, but to result in an outcome that was beneficial to both parties, as a result she now has a vehicle to get around, and the family that sold her the van now have a decent home to live in and one in which they’re happy to perform upgrades that Flake wanted to do but couldn’t.
Since the deal took place, Flake has been able to find another house to live in, this time a three-bedroom property that she got thanks to a $4,000 land contract. Smart thinking.
[Source: Detroit News]