Man gets $330,000 home for $16

[jeffrey]

A little-known Texas law and a foreclosure could have a man in Flower Mound living on Easy Street.

Flower Mound's Waterford Drive is lined with well-manicured $300,000 homes. So, when a new neighbor moved in without the usual sale, mortgage-paying homeowners had a few questions...

A $330,000 home for $16? 'This is not a normal process' | wfaa.com Dallas - Fort Worth

[SnoopyCool]

I saw this on the news last night. Florida also has this law, except it is a 7-year "squat" before you can get the title in your name.

[ppiclaims]

There was a similar programme in the UK about how squatters were using Million £ homes and their owners had to get orders to get them out, rather than the police moving them... absolutely ridiculous!