Texas man claims a $300K home for $16

[Poeman]

http://abcnews.go.com/Business/texas-man-claims-mansion-16/story?id=14099714

Kenneth Robinson lives on Waterford Drive in Flower Mound, Texas, but he doesn't own or rent the home he claims he has a right to live in.

The home was in foreclosure, and the owner abandoned the property. That's when Robinson swooped in and, after submitting a $16 filing fee at the local courthouse, claimed the law of "adverse possession" gave him the right to occupy the home....

Win.

 

[Hotwire]

Interesting. I may need to try this out.

 

[Ultra Lantern]

Me,too.

 

[Ghostvirus]

*starts scouting abandoned places*

 

[Truu]

That's crazy. Does he actually own it?

 

[Scarecrow_King]

I read about that in my local paper. I live about 20 minutes from Flower Mound. I can't believe that some loophole like that exists.

 

[Barrington]

Sick! That's what you call a hustler (haha...). Nice one.

 

[bell110]

And Ferrara said, "it's quite an un-American notion that someone can take another's property without paying for it. ... After all, even the government has to pay for your property if it decides to take it from you."

First of all, no one owned the property. It was forclosed on and the mortgage company went under.

Second of all, the government can just take property from you if you don't pay property taxes. He's not going to be living there long if he can't give the government it's rent.