We have a couple farm properties and at the end of one of them there is an old six acre homestead that had been in foreclosure for quite sometime. Our farm happens to wrap all the way around it on three sides, so we wanted to try and get the place if the opportunity ever presented itself, so we could control what goes on there and get the mess cleaned up. After numerous cancellations and delays it finally went to sheriff sale and we were able to purchase it for $1 over the banks minimum bid of $68,400.
Still undecided if the house and barn are going to be salvageable or tear down, but definitely in pretty rough shape, plus a whole lot of junk and trash laying around. Being remote and rural we will be able to dig a big hole, burn and bury just about anything that will burn, but still a lot of scrap metal and general trash to get rid of, including two pickup trucks. I've got a backhoe and tractor so can do most of the clean up myself. Looks like most of my spare time this winter will be spoken for.
What doesn't have a house on it is all wooded, so price per acre a bit high, but glad to get it under our control.