https://www.pointchaser.com/guide/how-to-buy-1-dollar-home-in-italy/ https://www.pointchaser.com/guide/how-to-buy-1-dollar-home-i... "Once your bid is approved

https://www.pointchaser.com/guide/how-to-buy-1-dollar-home-in-italy/ https://www.pointchaser.com/guide/how-to-buy-1-dollar-home-i... "Once your bid is approved, the 5,000 Euro deposit will be held in escrow along with an additional 15,000 Euros for renovations. The 15,000 euros will be released after you make the necessary improvements to the property. Since you don’t get that money back until after renovations are complete, you need a total of 40,000 Euros (or $45,000) on hand to buy a $1 home in Italy." You're committed to renovating the property, and unless you plan to live in the rubble of an abandoned house you will be managing Italian contractors and local bureaucrats from thousands of miles away who really don't give a crap if your project is on budget or on time. Buona fortuna!