<prompt> Human: I was browsing my town assessors page to look at house values, and I notice a large number of properties have last sold values as either 1 or 100. Is this a legal practice, i.e buying the house and selling it to yourself as a business or trust? Or are there just a lot of houses that are inherited by kids grandkids?Just wondering if this is a way to save money when purchasing a house, thanks guys.  <response>: Sometimes cities put houses with serious problems on sale for practically nothing to people who take on the responsibility of getting them habitable again. 