Dien Rice
July 21, 2011, 07:14 PM
I'm not sure what you would think of this... But I just read this article...
It's about a man who, due to the details of a Texas law (called "adverse possession"), it appears is in the process of getting a $330,000 house - for just $16 and some paperwork...
Admittedly, he does have to "camp" there for 3 years... with no electricity or running water!
The house was in foreclosure for about a year, then the mortgage company went out of business too...
You can read the details here...
http://www.wfaa.com/news/local/Texas-Law-Lets-Stranger-Move-Into-330000-Home-125528248.html
Best wishes,
Dien
It's about a man who, due to the details of a Texas law (called "adverse possession"), it appears is in the process of getting a $330,000 house - for just $16 and some paperwork...
Admittedly, he does have to "camp" there for 3 years... with no electricity or running water!
The house was in foreclosure for about a year, then the mortgage company went out of business too...
You can read the details here...
http://www.wfaa.com/news/local/Texas-Law-Lets-Stranger-Move-Into-330000-Home-125528248.html
Best wishes,
Dien
