Man gets $300K house for $16

By MB Quirk on July 18, 2011 10:30 AM

That unappealing smell could be the stench of jealousy, after a man uses the law to his advantage and snags a $ 300,000 house in Texas for a mere $ 16. Now his high-falutin' neighbors are all cranky that he might get away with such a steal.

KHOU.com out of Texas brings us the story of the man who moved into a foreclosed home and filed some paperwork, along with a $ 16 fee, in the town of Flower Mound, and could end up with his McMansion if he lives in it for three years.

Kenneth Robinson's new neighbors say he's a squatter, but he says he is just using the law to his advantage. After the previous owners walked away from the house when it was in foreclosure, the mortgage company went out of business. So Robinson moved in after researching "adverse possession," a little-known Texas law.

He printed out an online form and filed it at Denton County courthouse for $ 16 and was granted rights to the house. The home has no electricity or running water, but Robinson just set up camp anyway. The law says he gets exclusive negotiating rights with the original owner. If they want him out, they have to pay off the mortgage debt and the bank would have to file a lawsuit.

Robinson doesn't think that's likely, and after three years, he can ask the court for the title to the home. In the meantime, he posted "No Trespassing" signs after his neighbors tried to get him arrested for squatting. Cops can't remove him because home ownership is a civil, not criminal matter.

"If he wants the house, buy the house like everyone else had to," says one neighbor. "Get the money, buy the house."

Or, just pay $ 16 and still get the house.

Stranger moves into foreclosed home, citing little-known Texas law [KHOU.com]

Here's the video.

^^Yeah. Well, technically it's not his yet as the original owner can still show up and give him the boot but, he says it's highly unlikely so we'll just have to wait and see. I'm going to follow this story as I'm so interested to see how it will all pan out.

"Adverse possession" is a law not only exclusive in TX, but a law in all 50 states.

@ LoveMermaid
Everything he's done so far has been completely legal. If not, the court never would have signed off on and filed his form, much less accepted his $ 16 filing fee.

I agree that this does in fact seem more like a case of temporary shelter as this Adverse Possession process is no easy feat, and comes with a huge catch 22. Depending on the status of the foreclosure, the previous owner could show up, pay off the debt and give him the boot, or the current lienholder/mortgage company that has acquired the portfolio from the original but now defunct mortgage company could —throw a flag on the play?? or the state could have a lien on the property for back taxes??_who knows. This shit is like monopoly.

With that said, this law is quite clever in that it protects neighborhood value as it strongly encourages constructive use of a property, and places the responsibility of —up-keep?? on the person currently claiming the home, and anyone in a situation such as this gentleman will work hard to see that they do all that is required of them to keep the home in good condition especially with the idea that it could possibly be theirs someday (and at such a —steal??).

^^^There's a lot of psychology behind that.

Needless to say, it's such an intriguing story and so many are tuned in because we all want to know how it's going to end.

LOL, LM. Why did you hide your posts?

Ok, well, I was gonna make a correction cause you said the bank now owns the home so we'll just have to see what's going to happen with that.

I thought if you paid the taxes owing you became the legal owner?
haven't done a lot of research into it, but always thought it was a great idea.

ahhahahahahahahHAHAHAHAHAHA!!! THIS NIGGGA STOLE A HOUSE!!! BAHAHAHAHAHA!!!!

@RNAP,

Now wouldn't that be great? But still, waaaaay too easy.

The note. The note. The note.

It doesn't just magically go away when a mortgage company goes under. It transfers.

This is where the dilemma comes in for this gentleman. He's got an affidavit. A statement from the court simply stating that he is claiming the property with the intent to own after a 3 year period. That's it. He still has to worry about the "sharks" in the meantime.

Whoever's hands that mortgage is in now, they can foreclose on the home and have him evicted/mortgage companies can locate the title, pay for it with bubblegum and popcorn, have this guy evicted, and make a nice little profit. They'll get something for it. TRUST...but eh, who knows. Maybe there is a way around it.

Not sure what the success rate has been with this law but I'll research it.

bahahahahah i've been laughing at this shit for 20 minutes hahahahaha AHAHAHAHAHA NIGGA STOLE A HOUSE!! HAHAHAHAAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!! OOOOOOHHH MAN

THIS BRUTHA JUST MADE HISTORY NO MORE HUB CAPS AND RIMS WE MOVING TO HOUSES NOW, WATCH YOU HOUSZES WHITE PEOPLE!!! WE COMMINING ! HELL THROW YOUR ESCALADE RIMS AT US N SHIT HOPE IT DISTRACTS US! WE WANT HOUSES NOW! HAHAHAHA NEXT THING YOU KNOW A NIGGA GONA STEAL THE WHITE HOUSE......

OH SHIT! SOME NIGGA ALREADY DID!!!!1 BAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAH

Posted by everevolvingepithet
lol. Good for him. Fuck the biters !
Fuck me though, nice pad !
for 16 bucks !

What's so interesting is that they ALL would have done the exact same thing had they known about this law (and no one can tell me differently). They're sour because an "unlikely suspect" beat them to the punch.

Posted by BloodofAries
bahahahahah i've been laughing at this shit for 20 minutes hahahahaha AHAHAHAHAHA NIGGA STOLE A HOUSE!! HAHAHAHAAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!! OOOOOOHHH MAN

THIS BRUTHA JUST MADE HISTORY NO MORE HUB CAPS AND RIMS WE MOVING TO HOUSES NOW, WATCH YOU HOUSZES WHITE PEOPLE!!! WE COMMINING ! HELL THROW YOUR ESCALADE RIMS AT US N SHIT HOPE IT DISTRACTS US! WE WANT HOUSES NOW! HAHAHAHA NEXT THING YOU KNOW A NIGGA GONA STEAL THE WHITE HOUSE......

OH SHIT! SOME NIGGA ALREADY DID!!!!1 BAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAH

LOL, Nah, BOA. He didn't steal it. He got it for a "steal" - that's for sure. The process by which he is claiming this residence is completely legal.

If it will actually be his in the end is a whole nuttha story.

Posted by Layna

Posted by VirgoVixxxen

Posted by everevolvingepithet
lol. Good for him. Fuck the biters !
Fuck me though, nice pad !
for 16 bucks !

What's so interesting is that they ALL would have done the exact same thing had they known about this law (and no one can tell me differently). They're sour because an "unlikely suspect" beat them to the punch.

+1

click to expand

🙂

Hey there, Layna lane.

Oh, and one more thing...

In a sense, I can understand where the neighbors are coming from. Here they are "working hard" to pay their mortgages (much less many of them paid upwards of 300k for their homes) and along comes some random dude who gets to "squat" in one of these beautiful luxury properties possibly for 3 years with the intent to own it all for the price of $ 16. Honestly, yea, maybe I'd be a bit peeved too.

However, if they were looking at the situation rationally, they would appreciate that having a warm body in that home instead of a huge "Foreclosed" sign on the front not only brings their property taxes down, but again, maintains the value of the neighborhood...but of course they know this...wonder what else it could be...hmmm...

Now if he turns out to be an ass and fails in his responsibility to keep the home in good condition, then there's license to complain ('cause now you fucking with everybody) but the man just "moved in". LOL. I say at least give him some time to prove himself.

Posted by everevolvingepithet

Posted by VirgoVixxxen

Posted by BloodofAries
bahahahahah i've been laughing at this shit for 20 minutes hahahahaha AHAHAHAHAHA NIGGA STOLE A HOUSE!! HAHAHAHAAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!! OOOOOOHHH MAN

THIS BRUTHA JUST MADE HISTORY NO MORE HUB CAPS AND RIMS WE MOVING TO HOUSES NOW, WATCH YOU HOUSZES WHITE PEOPLE!!! WE COMMINING ! HELL THROW YOUR ESCALADE RIMS AT US N SHIT HOPE IT DISTRACTS US! WE WANT HOUSES NOW! HAHAHAHA NEXT THING YOU KNOW A NIGGA GONA STEAL THE WHITE HOUSE......

OH SHIT! SOME NIGGA ALREADY DID!!!!1 BAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAH

LOL, Nah, BOA. He didn't steal it. He got it for a "steal" - that's for sure. The process by which he is claiming this residence is completely legal.

If it will actually be his in the end is a whole nuttha story.

I can see the bored housewife trying to rally the troops/causing a shit storm, for her own 15 mins of fame.:/

click to expand

Well let her go ahead because she really doesn't have a leg to stand on. His fate is really in the hands of the lienholder/mortgage company/bank...or God? *shrugs*

Shit, I say if they want him out that bad, then find the previous homeowner and let all of their hating asses pony up the money for his debt. Stupid or what?

Posted by everevolvingepithet
VV. True, I agree but I was thinking about it from the angle of someone jealous like that constantly haranguing a person 'til they crack/buckle under.
Either way, I still think kudos for the guy for getting the system to work for him 🙂

Oh, I got you. That Lowrie chick is a lil busybody. She's on a crusade!!!

It's not their business. He hasn't done anything wrong and they should all just butt-out and let nature take its course. What is to be will be, and what is not, will not.

Posted by VirgoVixxxen

Posted by everevolvingepithet
lol. Good for him. Fuck the biters !
Fuck me though, nice pad !
for 16 bucks !

What's so interesting is that they ALL would have done the exact same thing had they known about this law (and no one can tell me differently). They're sour because an "unlikely suspect" beat them to the punch.

click to expand

^^^exactly!!!

I see, LM. No problem. Posting at work can be a b&% ch.

This situation has certainly been the talk of the town.

While the method by which he acquired the home may be controversial for some, I wouldn't necessarily say that there isn't any "hard work" involved. To actually have the home become yours via the AP law is not as easy as it seems. He strikes me as a smart man but even he is not sure that the home will ever be his or not. He says so...that it's unlikely the previous owner will come to claim ownership of it and I think he might be right, but, there is still the "big boys" (bank mortgage company...) to worry about. I would also think that if he took the time out to research this law (as he said), he would also be aware of the "dangers" involved (I guess hence the reason he has started to take measures on one by putting up the "no trespassing" signs) as well as the financial responsibility that is sure to come (at least I would hope).

As far as this having any adverse effects on his family, etc., I could only see that happening by way of harassment from those nosey, mean-spirited neighbors who are pissed because he educated himself on a legal opportunity and capitalized on it. I will also go out on a limb here and say that perhaps if he were not a Black man in a predominantly White affluent community, the tea kettle wouldn't be screaming so loudly.

Many of my family members are homeowners and I just completed a homeowner course to begin the process for myself very shortly, so, I understand how much work is involved, and like many others, I prefer to do things traditionally. I admit that I'm a bit worried for this man because people can be so hateful and begrudging. People are calling him a genius. I don't know about that. Clever maybe. They paint him as this weasel trying to outsmart the system when in fact he simply did what alot of us don't do. He read. Period. All in all, fascinating story and can't wait to see what happens.

Posted by LoveMermaid
But one thing I would like to clear up is this the papers filed are doneso thru the county recorder, not the court. The courts have nothing to do with anything the man filed. And the $ 16.00 he paid was more than likely a processing fee to record the document. Just sayin.

Right, but regardless, it's still legal.

Filing fee/processing fee/fee...meh, I'm using interchangeably.

As they say VV "Don't hate the player, hate the game." This man didn't MAKE nor CREATE this law (not versed on the law, so I won't speak on it), so while it may appear unscrupulous to some, he didn't go in there with an AK-47 blazing and do a home invasion and demand the people to move out; nor, (like they do in Mexico and other countries) did he just go into a home that was owned by someone who just wasn't there very often. This happens in Mexico and those places where Americans purchase second homes abroad and only visit a few times a year to come back to a rude awakening to find a family and/or families residing in their homes. AND, it's a b# $ ch to get them out - that, to me is wrong. To your point VV, he did, as you said many people don't do. HE read. Period. In my business, I give people countless documents to read and guess what 99% of them don't and when s# $ t goes horribly awry and they want to try to recoup some of their money or not pay change fees, etc, I point to the often bolded document and say "It's right here in black & white." The end.
I'll be curious to see how this pans out. As a side note, just because it's not something I would personally do, I'm not going to hate on him for doing it.

Posted by USCTaurusGal
As they say VV "Don't hate the player, hate the game." This man didn't MAKE nor CREATE this law (not versed on the law, so I won't speak on it), so while it may appear unscrupulous to some, he didn't go in there with an AK-47 blazing and do a home invasion and demand the people to move out; nor, (like they do in Mexico and other countries) did he just go into a home that was owned by someone who just wasn't there very often. This happens in Mexico and those places where Americans purchase second homes abroad and only visit a few times a year to come back to a rude awakening to find a family and/or families residing in their homes. AND, it's a b# $ ch to get them out - that, to me is wrong. To your point VV, he did, as you said many people don't do. HE read. Period. In my business, I give people countless documents to read and guess what 99% of them don't and when s# $ t goes horribly awry and they want to try to recoup some of their money or not pay change fees, etc, I point to the often bolded document and say "It's right here in black & white." The end.
I'll be curious to see how this pans out. As a side note, just because it's not something I would personally do, I'm not going to hate on him for doing it.

Well hey the hell there, USCTG! Long time no speak! Sure do hope all is well with you...

Exactly. This law was already in place, and I'm not hat'n on him either. I say if it works out for him in the end, more power to him.

It's interesting that since this story broke, I've heard/read so many people say that they are going to keep their eyes peeled for foreclosed property in their states now. LOL. They just might change the law after this.

Funny how many of these "loopholes" (and maybe not this one in particular) were created to keep the rich and powerful just that. Rich and powerful. However, when the average Joe takes advantage of one, everybody gets all up in arms and suddenly the "rules" have to change.

I didn't know that about Mexico but it doesn't surprise me in the least.

Reading is fundamental and I've learned that the hard way. Again, good for him. Hope it all works out.

Posted by LoveMermaid

Posted by VirgoVixxxen

They paint him as this weasel trying to outsmart the system when in fact he simply did what alot of us don't do. He read. Period. All in all, fascinating story and can't wait to see what happens.

Buuuut the process did require trespassing and at one point, and how did he gain entry to the home? FTR just saying.

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He didn't trespass. Once he filed the paperwork with the CRO, he has the legal right to have the locks changed. I believe that's how it goes. The house was foreclosed. Empty. The previous owner walked away because he could no longer foot the bill. Through the AP law, it is in this man's legal right to "claim" the home with the intent to buy provided all necessary and legal steps are taken. So far, he's done everything right.

Possession is 9/10's of the law...or something to that affect.

And, "Hey the hell there" to you too VV 🙂 I'm doing well, so I definitely can't complain (well, I could, but who really wants to hear that ish 😉 )

And this right here:

"Funny how many of these "loopholes" (and maybe not this one in particular) were created to keep the rich and powerful just that. Rich and powerful. However, when the average Joe takes advantage of one, everybody gets all up in arms and suddenly the "rules" have to change."

Is why a lot of people are pissed off... Trust in the fact for all of those hatin' on this man, there will be a whole HOST of eyes on him from here on out to ensure he "follows the letter of the law."

BTW, I knew you weren't hatin' on him VV.

Posted by LoveMermaid

Posted by VirgoVixxxen

Posted by LoveMermaid
But one thing I would like to clear up is this the papers filed are doneso thru the county recorder, not the court. The courts have nothing to do with anything the man filed. And the $ 16.00 he paid was more than likely a processing fee to record the document. Just sayin.

Right, but regardless, it's still legal.

Filing fee/processing fee/fee...meh, I'm using interchangeably.

It is legal, he has an affidavit based on what you said previously. BUT does he own the home? We don't know for sure. He is under the impression he has legal rights to it, which he does..he also stated he didn't own the home right? Because he referred to the owner as someone else, saying he doesnt believe they will return to reclaim the property. Who knows, they may work a deal with the bank and then who knows where this could go. Another thing is, IS he required to pay property taxes to gain ownership? If so, he needs to pay that quickly if he intends to stay! lol

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Good questions!

Does he own the home? Technically yes and technically no.

Technically yes because as of right now, he has a legally filed document stating that he has "rights" to reside there.

Technically no because as I've mentioned before, there's still the issue/possibility of the previous owner coming back to claim, the bank, the mortgage company, etc. This is how the AP law works and that's why I say it's not as easy as it seems so when folks are saying the house is his, they are wrong...technically. Also, keep in mind that alot of these real estate terms are used interchangeably so you have to be careful with that.

Yeah, I met some people during my last trip to Mexico, and they own businesses down there. They said that one of their friends bought a condo there, but is not there very often, and so a family moved into their condo! They said it took almost a YEAR to get rid of the squatters. Now, THAT is crazy! Also, most of the time (things do change) when you buy a property in another country, you have to BUY it, there is no mortgage (again, some things have changed, so that may not be the case everywhere).

^^^edited to add:

This is how the AP law works...you sort of just kind of have to wait and see what happens. Can he make a deal with the bank or mortgage company? Hopefully. I'm not sure if he would have to pay taxes right now. I can find out. To me, that would make more sense. To pay the taxes now versus being hit with a big ole bill at the end of the statutory period should the home actually become yours, but maybe some feel differently.

There's also the issue of HOA fees.

Posted by LoveMermaid

Posted by VirgoVixxxen

Posted by LoveMermaid
But one thing I would like to clear up is this the papers filed are doneso thru the county recorder, not the court. The courts have nothing to do with anything the man filed. And the $ 16.00 he paid was more than likely a processing fee to record the document. Just sayin.

Right, but regardless, it's still legal.

Filing fee/processing fee/fee...meh, I'm using interchangeably.

I pointed out what that $ 16 was for to make clear that money wasn't paid as the sales price, a fee to posesss the property, any form of tax payment (all things that could potentially gain leverage, and instead its a filing fee). None of the articles stated what the money was for, which was probably done intentionally because it sensationalized the story even further. My reason for mentioning this stuff isn't to argue but to bring us to a possible conclusion, because truthfully I dont know what will happen there are too many parties involved to predict a difinitive outcome.

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Understood and yes it has been quite sensationalzed so I know what you mean there. The $ 16 was simply to "claim" the residence and grant him entrance while attempting to work through the process of the AP law. Some folks think that it's already his which is incorrect.

Posted by USCTaurusGal
Possession is 9/10's of the law...or something to that affect.

And, "Hey the hell there" to you too VV 🙂 I'm doing well, so I definitely can't complain (well, I could, but who really wants to hear that ish 😉 )

And this right here:

"Funny how many of these "loopholes" (and maybe not this one in particular) were created to keep the rich and powerful just that. Rich and powerful. However, when the average Joe takes advantage of one, everybody gets all up in arms and suddenly the "rules" have to change."

Is why a lot of people are pissed off... Trust in the fact for all of those hatin' on this man, there will be a whole HOST of eyes on him from here on out to ensure he "follows the letter of the law."

BTW, I knew you weren't hatin' on him VV.

Oh complain away...TALK TO ME SISTUH!!!

Yea, they are just waiting with baited breath. *double sigh*

This will be interesting to see what the outcome turns out to be, AND, how other States review and/or change (tighten up) their laws and language too.

Hahahaaaaaa @ "Complain away!"

Posted by USCTaurusGal
Yeah, I met some people during my last trip to Mexico, and they own businesses down there. They said that one of their friends bought a condo there, but is not there very often, and so a family moved into their condo! They said it took almost a YEAR to get rid of the squatters. Now, THAT is crazy! Also, most of the time (things do change) when you buy a property in another country, you have to BUY it, there is no mortgage (again, some things have changed, so that may not be the case everywhere).

That's sad.

And while it doesn't make it right (and maybe it's just me), I surely don't see the point in having a home that I can only visit once every five years, anyway. Even if I was a "rich & famous" I would make it my business to spend time in all of my residences every month of the year. I need to check up on things and I have to know what's going on at all times. Just how I rolls.

My sister has a friend who had to go through this lengthy process just to get his girlfriend out of his apt. Ha! He thought he would simply ask her to move out and that she would get her stuff and go...yeah right. That chick excercised her squatter's rights to the fullest. HAHAHAHAAA!!! Like you say, it was craaaazy. He found himself typing up letters and running them over to the courthouse and all types of ish. Serves his butt right. Tee hee hee.

Posted by USCTaurusGal
This will be interesting to see what the outcome turns out to be, AND, how other States review and/or change (tighten up) their laws and language too.

Co sizzign.

Too many "common" folk are privy now.

Posted by USCTaurusGal
Hahahaaaaaa @ "Complain away!"

If you ever want to send a pm just feel free.

Posted by VirgoVixxxen

Posted by USCTaurusGal
Hahahaaaaaa @ "Complain away!"

If you ever want to send a pm just feel free.

click to expand

M?rci 🙂

Yeah, I agree. I wouldn't buy a property that I could only go to once a year or so. If that were the case, what the hell is the use of buying it, there is a great new invention out there called...HOTELS, yeah, they can be rented! Good grief. BUT, as you said, some people have a lot of money and just want to do it all. What a waste!

And yes, once people move into a place, it's hard to get their a $ $ out, that's why when my friends are moving in/buying houses and properties with their girlfriends/boyfriends, I'm always like, "GO SEE AN ATTORNEY BEFORE YOU SIGN ANYTHING!" When you are all happy and in love, it's no problem, but if (sadly it can happen) things get ugly, that person you thought would die for you is actually plottin' to kill you over that property, or whatever.

Posted by VirgoVixxxen
^^Yeah. Well, technically it's not his yet as the original owner can still show up and give him the boot but, he says it's highly unlikely so we'll just have to wait and see. I'm going to follow this story as I'm so interested to see how it will all pan out.

"Adverse possession" is a law not only exclusive in TX, but a law in all 50 states.

I think that it's highly unlikely too...the owner abandons the house, just to come back & pay it off...makes no sense. This guy is very clever. The neighbors are hating big time because they have high mortgages to pay, whereas this guy game from left field and snagged him a $ 300,000 beautiful home, and didn't pay a red carpet cent for it! HA!! Love it!!!! 😉

^^^^^I meant to say *came. Oh and my bad he did pay for it... $ 16 which isn't nothing really at all. 😉

Posted by LoveMermaid
He isnt going to "buy" anything with adverse posession he just pays back taxes accord to texas state law which doesnt constitute the purchase of anything.

Ok, so, he isn't going to buy it but just pay back taxes. Great. What's the problem? I don't see anything wrong with that. It's the law...no? Albeit, it's not the "normal" way to obtain a home but, if all goes well, it's still legal.

I think we should be more concerned about the folks who REALLY "steal" land/property illegally versus some average Joe who simply did his homework.

And if it's any consolation, the haters can keep in mind that there's still a very strong possibility that he may be evicted. Just say'n.

Posted by LoveMermaid
As far as getting ingo HOA's and all that I'm not even going to go into it. HOAs are a GIANT MESS. There are so many other factors haven't been introduced. I don't mean to sound condescending but this is what I do for a living, its an exteremly complicated field that presents changes constantly and I'm telling you from my educated opinion that if he can keep this house, he's accomplished an insurmountable task. That's being said, I don't think he will.

But again, there are too many parties involved with vested interest I can't predict the outcome difinitively.

I am not too big a person to admit I don't have all the answers but given time I can prove to you, I just also don't really care that much about his situation. Sorry if that comes off as rude, not intended to be. Also congratulations on entering the home buying process.. I don't know what state you live in, hopefully you have an experienced agent to help guide you through the process.

Yes, let go of the condescension. I know a bit about HOAs. Just because someone does something for a living or is a so-called "expert" in something absolutely does not mean that you can't know that they do. All one needs to do is educate themselves. It's not rocket science.

No one can predict the outcome although I'm sure many would like to see him get the boot.

You do sound a bit salty, but quite frankly, that's your business not mine. I am here to discuss what I believe to be a fascinating event taking place devoid of any resentment or 'tude for a man that wants to make the system work for him. The same system that takes advantage of all of us on a daily basis. *Shrugs* Like I said before, I hope it works out for the brutha.

Posted by USCTaurusGal

Posted by VirgoVixxxen

Posted by USCTaurusGal
Hahahaaaaaa @ "Complain away!"

If you ever want to send a pm just feel free.

M?rci 🙂

Yeah, I agree. I wouldn't buy a property that I could only go to once a year or so. If that were the case, what the hell is the use of buying it, there is a great new invention out there called...HOTELS, yeah, they can be rented! Good grief. BUT, as you said, some people have a lot of money and just want to do it all. What a waste!

And yes, once people move into a place, it's hard to get their a $ $ out, that's why when my friends are moving in/buying houses and properties with their girlfriends/boyfriends, I'm always like, "GO SEE AN ATTORNEY BEFORE YOU SIGN ANYTHING!" When you are all happy and in love, it's no problem, but if (sadly it can happen) things get ugly, that person you thought would die for you is actually plottin' to kill you over that property, or whatever.

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Lord have mercy is right. 🙂

LOL, it's amazing how "love" can cloud our good senses. Meh, happens to the best of us I guess but, like you say, it's best to get the knowledge beforehand so that you know exactly what you're getting into.

People do some sick shit. You never know who you are laying up next to! You never know what you or somebody else is capable of.

Posted by RealTalk

Posted by VirgoVixxxen
^^Yeah. Well, technically it's not his yet as the original owner can still show up and give him the boot but, he says it's highly unlikely so we'll just have to wait and see. I'm going to follow this story as I'm so interested to see how it will all pan out.

"Adverse possession" is a law not only exclusive in TX, but a law in all 50 states.

I think that it's highly unlikely too...the owner abandons the house, just to come back & pay it off...makes no sense. This guy is very clever. The neighbors are hating big time because they have high mortgages to pay, whereas this guy game from left field and snagged him a $ 300,000 beautiful home, and didn't pay a red carpet cent for it! HA!! Love it!!!! 😉

click to expand

Hey RT,

Clever he is!

I'm also guessing that the bank/mortgage company, whatev, could strike a deal with him if they wanted to. Especially if the previous owner doesn't come back to claim. Again, we shall see.

Posted by LoveMermaid
Whats the problem with what? My aversion to it, or the situation in general. Because there are problems everywhere its littered, a wasteland of garbage nonsense. Listen, please don't take offense to my exit of the convo.. you sound like you have a great deal of knowledge and aptitude for understanding the way these things work, but the rhythm of the convo tells me this is something I want to bow out of. Don't feel like arguing, don't feel like explaining so much to make my points. Make sense?

For the record, never hated on this guy I gave him kudos before please re-read that. Another thing is, I am stating facts an educated opinion for the outcome. That's is all.

Before I go repeating myself again.. I'm gonna go. Have a good one.

Nah girl, I ain't here to argue with you. Trust. It was actually refreshing to have a new poster to talk to but you said you didn't mean to sound condescending and didn't want to be rude which tells me you knew you were being a bit of both. Look, I'm not one to mince words. I'm a Virgo. You sounded salty (for whatever reason). Don't flip this on me.

With that said, it was nice yapping with you and thanks for the info.

*throws up peace sign*

Posted by VirgoVixxxen

Posted by RealTalk

Posted by VirgoVixxxen
^^Yeah. Well, technically it's not his yet as the original owner can still show up and give him the boot but, he says it's highly unlikely so we'll just have to wait and see. I'm going to follow this story as I'm so interested to see how it will all pan out.

"Adverse possession" is a law not only exclusive in TX, but a law in all 50 states.

I think that it's highly unlikely too...the owner abandons the house, just to come back & pay it off...makes no sense. This guy is very clever. The neighbors are hating big time because they have high mortgages to pay, whereas this guy game from left field and snagged him a $ 300,000 beautiful home, and didn't pay a red carpet cent for it! HA!! Love it!!!! 😉

Hey RT,

Clever he is!

I'm also guessing that the bank/mortgage company, whatev, could strike a deal with him if they wanted to. Especially if the previous owner doesn't come back to claim. Again, we shall see.

click to expand

What's up girlie!! Yeah I'm sure they can, but I really doubt the original owners are going to return. If they find out, they may even be relieved that they don't have the burden of the property anymore and just leave it in the guy's hands, IDK...Either way to me, the whole ordeal is definitely a blessing.

"Funny how many of these "loopholes" (and maybe not this one in particular) were created to keep the rich and powerful just that. Rich and powerful. However, when the average Joe takes advantage of one, everybody gets all up in arms and suddenly the "rules" have to change."

While I think you have a valid point about "loopholes" USCtaurasGal, ever heard of Medicaid? I work in healthcare, and work with whites, blacks, asians and two DR's from Kenya. You want to see "loopholes" and "fraud" up the kazoo? It's blatant and it's protected by the fact that no one has the fortitude to go after these people and the ones pulling the strings because of the uproar it will cause, not to mention the labels of "racism etc.."

The perfect example of this has been ACORN and planned parenthood. they are laced with fraud and corruption. until recently, everyone was scared to go after them because of getting stereo typed and labeled.

Being rich, middle class or poor makes no difference to me if you are participating in ripping off the tax payer and getting benefits that others have to work hard to pay for. Sadly, we've become the "Entitled States of America" and not the United States. when 50% of your population does NOT pay ANY federal tax, and the other 50% pays more out of their own paycheck to cover the difference, that's a completely screwed up system.

It's up to the State of Texas to determine the outcome of this situation involving the man who is now claiming ownership to this home. The fact that my own home has lost 30% of it's value since 2008, my mortgage has increased, not to mention my property taxes (which are in the top 15 in the US), i don't think much of a guy who moves into a foreclosed home and pays zero mortgage, zero property taxes. I understand why his neighbors are pissed. My neighborhood has a $ 500/year Association Dues. I grumble every time I have to write the damn check.

We have several homes on the market around us that have been vacated. I'd be pissed as hell if some dude moved in as well. And i don't give a rat's ass about race, creed or religion. We have neighbors from several countries. If he were White OR an Asian dude, and the pissed off neighbors were Black, most on this board wouldn't even bat an eyelash. POLITICAL CORRECTNESS SUCKS!!! And it's F*ing up our country.

^^First, I am many things, but I am not what one would ever call "politically correct."
Anyway, I know a LOT about corrupt governmental agencies and the bu# $ s#*t people do to "get over." I worked in multiple positions in the insurance industry, so ummmm...yeah, I know all about corruption from both sides; meaning, the businesses and governmental agencies getting over as well as common a $ $ folks doing suspect and shady stuff, so... I get "it."

By the way, the OP is the one that initially stated that comment, hence the reason I put it in quotations...not that I don't agree with her. And for me personally, I don't give a damn if the story was about any race; my response(s) would still be the same.

Posted by RealTalk

Posted by VirgoVixxxen

Posted by RealTalk

Posted by VirgoVixxxen
^^Yeah. Well, technically it's not his yet as the original owner can still show up and give him the boot but, he says it's highly unlikely so we'll just have to wait and see. I'm going to follow this story as I'm so interested to see how it will all pan out.

"Adverse possession" is a law not only exclusive in TX, but a law in all 50 states.

I think that it's highly unlikely too...the owner abandons the house, just to come back & pay it off...makes no sense. This guy is very clever. The neighbors are hating big time because they have high mortgages to pay, whereas this guy game from left field and snagged him a $ 300,000 beautiful home, and didn't pay a red carpet cent for it! HA!! Love it!!!! 😉

Hey RT,

Clever he is!

I'm also guessing that the bank/mortgage company, whatev, could strike a deal with him if they wanted to. Especially if the previous owner doesn't come back to claim. Again, we shall see.

What's up girlie!! Yeah I'm sure they can, but I really doubt the original owners are going to return. If they find out, they may even be relieved that they don't have the burden of the property anymore and just leave it in the guy's hands, IDK...Either way to me, the whole ordeal is definitely a blessing.

click to expand

Hey there RT!

I doubt they'll return too. All that matters now is waiting to see what will happen with all of the other stuff. I'm sure this is a story everyone is going to continue to follow.

Posted by gemini64
"Funny how many of these "loopholes" (and maybe not this one in particular) were created to keep the rich and powerful just that. Rich and powerful. However, when the average Joe takes advantage of one, everybody gets all up in arms and suddenly the "rules" have to change."

While I think you have a valid point about "loopholes" USCtaurasGal, ever heard of Medicaid? I work in healthcare, and work with whites, blacks, asians and two DR's from Kenya. You want to see "loopholes" and "fraud" up the kazoo? It's blatant and it's protected by the fact that no one has the fortitude to go after these people and the ones pulling the strings because of the uproar it will cause, not to mention the labels of "racism etc.."

The perfect example of this has been ACORN and planned parenthood. they are laced with fraud and corruption. until recently, everyone was scared to go after them because of getting stereo typed and labeled.

Being rich, middle class or poor makes no difference to me if you are participating in ripping off the tax payer and getting benefits that others have to work hard to pay for. Sadly, we've become the "Entitled States of America" and not the United States. when 50% of your population does NOT pay ANY federal tax, and the other 50% pays more out of their own paycheck to cover the difference, that's a completely screwed up system.

It's up to the State of Texas to determine the outcome of this situation involving the man who is now claiming ownership to this home. The fact that my own home has lost 30% of it's value since 2008, my mortgage has increased, not to mention my property taxes (which are in the top 15 in the US), i don't think much of a guy who moves into a foreclosed home and pays zero mortgage, zero property taxes. I understand why his neighbors are pissed. My neighborhood has a $ 500/year Association Dues. I grumble every time I have to write the damn check.

We have several homes on the market around us that have been vacated. I'd be pissed as hell if some dude moved in as well. And i don't give a rat's ass about race, creed or religion. We have neighbors from several countries. If he were White OR an Asian dude, and the pissed off neighbors were Black, most on this board wouldn't even bat an eyelash. POLITICAL CORRECTNESS SUCKS!!! And it's F*ing up our country.

Completely aware of all of this. Thanks for

^^^(Continued)

Thanks for the info however. I guess we'll all see how this turns out in the days (or years) to come.

Posted by USCTaurusGal

^^First, I am many things, but I am not what one would ever call "politically correct."
Anyway, I know a LOT about corrupt governmental agencies and the bu# $ s#*t people do to "get over." I worked in multiple positions in the insurance industry, so ummmm...yeah, I know all about corruption from both sides; meaning, the businesses and governmental agencies getting over as well as common a $ $ folks doing suspect and shady stuff, so... I get "it."

Hear, hear. Corruption is everywhere.

Posted by USCTaurusGal
By the way, the OP is the one that initially stated that comment, hence the reason I put it in quotations...not that I don't agree with her. And for me personally, I don't give a damn if the story was about any race; my response(s) would still be the same.

LOL, yes, that was me.

Posted by everevolvingepithet
Man 1
System 0
womp womp !

I bet he's strutted round the kingdom nekkid already too lol

Tee hee hee