Man buys 300k house for 16 dollars

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posted on Aug, 8 2011 @ 10:08 PM
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Ok I have no idea where to post this at... so I figured survival was the best. MODs feel free to move it whever you see fit.

www.break.com...

A man got himself a 300K house for 16 dollars. It appears to be all legal albeit a bit on the shady side. Taking squatting to a whole new level?...




posted on Aug, 8 2011 @ 10:13 PM
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reply to post by Athin
 


There is an existing thread on this that you might like to read.

Man Pays $15 For $340,000 Flower Mound Home



posted on Aug, 8 2011 @ 10:24 PM
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Originally posted by AQuestion
reply to post by Athin
 


There is an existing thread on this that you might like to read.

Man Pays $15 For $340,000 Flower Mound Home



Ahh. Ran a search but didn't see that. Mind telling me how I delete a thread? lol



posted on Aug, 8 2011 @ 10:37 PM
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reply to post by Athin
 


Mods will delete if they feel like it
edit on 8-8-2011 by CeeRZ because: (no reason given)



posted on Aug, 8 2011 @ 10:41 PM
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This is hysterical!!! I give the guy credit for finding a loophole in the law. Who wouldn't want a $300 thousand dollar house for $16 bucks. Corporations do it all the time and nobody complains about them.

I couldn't understand why neighbors were so upset that this guy got this 300 thousand dollar house for $16.00. I was thinking maybe they were jealous that they didn't think of it first. Than when the reporter opened the door and the person turned out to be African American the answer to that question was clear as day!

These rich affluent neighbors didn't want a black family in their neighborhood! These neighbors can skirt the issue, but I guarantee you hands down that the real reason they are up in arms is because this man is black.



posted on Aug, 8 2011 @ 10:44 PM
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He actually stole the house for a $16 filing fee. He didn't buy anything. Someone owns it, most likely some jumbled up securitization.



posted on Aug, 8 2011 @ 10:55 PM
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Actually, this is about the four reincarnation of that story. There has been about one a week for a month.

You did search for prior stories, right?



posted on Aug, 8 2011 @ 11:38 PM
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reply to post by Athin
 


Screw this guy!!

I work my a$$ off for a living and can barely afford to rent a small flat, yet this guy does nothing and gets a 300k house for it? What a joke



posted on Aug, 9 2011 @ 12:18 AM
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Originally posted by Tachalka
reply to post by Athin
 


Screw this guy!!

I work my a$$ off for a living and can barely afford to rent a small flat, yet this guy does nothing and gets a 300k house for it? What a joke


stop hating



posted on Aug, 9 2011 @ 12:18 AM
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Originally posted by WeRpeons
This is hysterical!!! I give the guy credit for finding a loophole in the law. Who wouldn't want a $300 thousand dollar house for $16 bucks. Corporations do it all the time and nobody complains about them.

I couldn't understand why neighbors were so upset that this guy got this 300 thousand dollar house for $16.00. I was thinking maybe they were jealous that they didn't think of it first. Than when the reporter opened the door and the person turned out to be African American the answer to that question was clear as day!

These rich affluent neighbors didn't want a black family in their neighborhood! These neighbors can skirt the issue, but I guarantee you hands down that the real reason they are up in arms is because this man is black.


You are 100% right



posted on Aug, 10 2011 @ 01:12 AM
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Why anyone would pay 300K $ for a house made of wood is beyond me.





posted on Aug, 10 2011 @ 01:26 AM
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reply to post by eldard
 


He will still have to pay the back taxes and any liens. If another mortgage company buys the one that holds title he is gone. Adverse poss can take years. If he gets it god bless him.





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