Published Saturday, November 24, 2007 2:51 AM
Texas town fetches $3.8M bid on eBay
SAN ANTONIO -- Someone in Italy is the new owner of a tiny Texas town -- maybe.
Putting up a winning bid of $3.8 million, an unknown Italian buyer Friday purchased the 13-acre, unpopulated, one-house Central Texas town of Albert through the online auction site eBay.
But before Bobby Cave, who owns the town, signs the deed over, he must figure out whether the winning bid is legitimate. He said there are no contractual obligations when it comes to real estate sales on eBay.
"It all turned out great," said Cave, 47, an Austin real estate agent. "There's just not any way to insist that a guy from Italy write me a check for three million."
Notice about comments:
TheEagle.com is pleased to offer readers the ability to comment on stories. We expect our readers to engage in lively, yet civil discourse. TheEagle.com does not edit user submitted statements and we cannot promise that readers will not occasionally find offensive or inaccurate comments posted in the comments area. Responsibility for the statements posted lies with the person submitting the comment, not theeagle.com. If you find a comment that is objectionable, please click "report abuse" and we will review it for possible removal. Please be reminded, however, that in accordance with our Terms of Use and federal law, we are under no obligation to remove any third party comments posted on our website.
Full terms and conditions can be read here.
MOST POPULAR
- Emailed
- Viewed
- Commented
- A&M cuts athletics positions
- Layoffs at A&M
- Come to church in a bar and bring your dog
- Disabled vets find confidence by going back to boot camp
- Bryan schools weigh tax hike
- HOLIDAY EVENTS
- Residents escape Bryan house fire
- Beat heat's doldrums with hibiscus
- Bush accepts invite to small-town 4th
- Man jailed after trying to leave bar without paying tab, running from police
- Man steals meat from Bryan store, police say (55)
- Man claims assault by several subjects in CS, police say (32)
- CS foresees $1M in cuts (18)
- Investigators probe house fire (17)
- A&M cuts athletics positions (16)
- Layoffs at A&M (14)
- Twin City celebrating its new digs (9)
- Residents escape Bryan house fire (9)
TOP ADS
- Jobs
- Cars
- Homes
- Merchandise
|
© 2008 The Bryan College Station Eagle Contact Us | Subscribe/Customer Care | Privacy Policy | Terms of Use | FAQ | Corrections | RSS Feeds | E-mail News |