A mother of six in Detroit, Michigan, recently made headlines when she traded her home for a used minivan.
'Tis the season of giving, and for two Detroit families, a mutually beneficial trade helped both sides share in the holiday spirit.
It all started when LaWanda Flake, a 36-year-old mother of six children, posted an ad on Craigslist looking to trade her home for a car because she said her family could no longer trust the city's public transportation, according to The Detroit News.
From there, things took off and offers began pouring in - some from out of state. One party offered up a 1996 Bentley Brooklands valued at around $20,000. Other offers included a 1996 Corvette, a car Flake saw little value in for her family.
"I said, wow! What am I going to do with a Corvette? I can't do anything practical with a Corvette," Flake told the paper.
But it turns out that Flake's main concern wasn't profiting from the trade, but rather finding a deal that helped both parties. The mother and now-former homeowner decided to take in trade a silver 2006 Chevrolet Uplander minivan with 85,000 miles on the clock and a Kelley Blue Book value of between $5,000 and $8,500 for her four bedroom, three-bathroom home in Russell Woods, one of the better neighborhoods in the city.
While the deal might seem like a mistake on Flake's end, it's worth noting that she had acquired the house in a foreclosure sale for $3,600, but the city valued the home at $96,000.
The mother of six says she chose the family with the Uplander because it seemed that they could benefit the most from the home - proving that holiday spirit is still very much alive in at least two Detroit families' homes.
Flake has since picked up a three-bedroom home that she nabbed with a $4,000 land contract.
1.'Detroit mother...' view