Man gets a $300,000 house for $16.00 in Texas - Steve Saunders Goldwing Forums

 
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post #1 of 4 (permalink) Old 07-18-2011, 08:42 PM Thread Starter
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Read Hereon how a man in Texas using a little known law filed paperwork on an abandoned $300,000 house in foreclosure and if he succesfully stays there for 3 years, he can file for the title. Very interesting. The neighbors though are livid.....


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post #2 of 4 (permalink) Old 07-18-2011, 08:55 PM
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Gotta' give the guy props for knowing the law though.

It's good to see the little guy win occasionally.

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post #3 of 4 (permalink) Old 07-18-2011, 09:02 PM
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Nifty.....But you can bet your last dollar that any bank, mortgage company's that have homes like this one, will be out in force to keep this from happening in the near future...If its located in a HOA, they are going to make this mans life a living hell.....

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post #4 of 4 (permalink) Old 07-18-2011, 09:07 PM
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Well, even if there is an HOA, he didn't sign their covenance, and I'm pretty sure he'd be well within his legal right at this point to tell them which hole they can put it in.

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