Man "Buys" $300K Texas Home for $16 using loophole, neighbors mad

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RocksteadyDotNet

Diamond Member
Jul 29, 2008
3,152
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LOL.

If this story was in Britian all the resident haters would be going off about how Britian is a shithole because of the squatter laws.

ZOMG SQUATTERS!

But in America it's a 'loophole'.
 

JackBurton

Lifer
Jul 18, 2000
15,993
14
81
LOL.

If this story was in Britian all the resident haters would be going off about how Britian is a shithole because of the squatter laws.

ZOMG SQUATTERS!

But in America it's a 'loophole'.

Yep. I remember the thread about squatters in England, and people were throwing fits here. This is the same thing. The guy is a scam artist, plain and simple.
 

mugs

Lifer
Apr 29, 2003
48,920
46
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LOL.

If this story was in Britian all the resident haters would be going off about how Britian is a shithole because of the squatter laws.

ZOMG SQUATTERS!

But in America it's a 'loophole'.

You have a good point (people who support this guy are mostly hypocrites), but the difference in the reaction isn't because of the location. The difference is because of the victim. If the victim was an individual, people here would not be applauding the squatter. The victim is a bank though, and a lot of people are happy to see a bank screwed.
 

MagickMan

Diamond Member
Aug 11, 2008
7,460
3
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Good for him, screw the bank. They and the mortgage company, or whoever now owns the paper, sat around with their thumbs in their asses and fucked up. The previous owner could have went back and squatted in his own house, if he actually knew the law.

Anyway, I hope they enjoy their new neighbor. :D
 

Bignate603

Lifer
Sep 5, 2000
13,897
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Good for him, screw the bank. They and the mortgage company, or whoever now owns the paper, sat around with their thumbs in their asses and fucked up. The previous owner could have went back and squatted in his own house, if he actually knew the law.

Anyway, I hope they enjoy their new neighbor. :D

I wonder if people would feel the same way if the bank itemized how much of their mortgage payment went to paying for fraud and deadbeats each month. It seems that some people don't comprehend the fact that fraud increases the amount that the rest of us pay.
 

AznAnarchy99

Lifer
Dec 6, 2004
14,695
117
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The difference in the UK is someone can go into a house where there are already people in it and they can't be kicked out. This guy went into an empty house.
 

cubby1223

Lifer
May 24, 2004
13,518
42
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Reminds me of some other woman saw on the news, who worked for a lawfirm or something, refused to pay her mortgage on her house, and keeps gaming the legal system to stall eviction proceedings indefinitely.


And this thread's story is in Texas, don't the citizens there have other "methods" of enforcing what is just? ;)
 

brblx

Diamond Member
Mar 23, 2009
5,499
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And this thread's story is in Texas, don't the citizens there have other "methods" of enforcing what is just? ;)

letting a house rot and the yard turn to a wild jungle to keep a black guy out? is that the 'just' thing?
 

Vette73

Lifer
Jul 5, 2000
21,503
8
0
LOL.

If this story was in Britian all the resident haters would be going off about how Britian is a shithole because of the squatter laws.

ZOMG SQUATTERS!

But in America it's a 'loophole'.


No try again.

In this case the owner can come by with the paperwork showing they have the deed and have the police remove him. The owner walked away and the bank is not around to ask him to leave either.

In Britian; people move in a house where people still live and the police don't do anything.
 

halik

Lifer
Oct 10, 2000
25,696
1
0
LOL.

If this story was in Britian all the resident haters would be going off about how Britian is a shithole because of the squatter laws.

ZOMG SQUATTERS!

But in America it's a 'loophole'.

If this jackass tried to "squat" in a house where the owners were on vacation (which is what happened in England), they would be removing him in a body bag upon the owners return. That is the difference between our laws and the UK.
 

her209

No Lifer
Oct 11, 2000
56,336
11
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Reminds me of some other woman saw on the news, who worked for a lawfirm or something, refused to pay her mortgage on her house, and keeps gaming the legal system to stall eviction proceedings indefinitely.

And this thread's story is in Texas, don't the citizens there have other "methods" of enforcing what is just? ;)
Burning a giant "t" for "time to leave" while wearing ghost costumes?

(South Park reference)
 

halik

Lifer
Oct 10, 2000
25,696
1
0
No try again.

In this case the owner can come by with the paperwork showing they have the deed and have the police remove him. The owner walked away and the bank is not around to ask him to leave either.

In Britian; people move in a house where people still live and the police don't do anything.

I highly doubt that paperwork process would be the resolution of an intruder in a private residence scenario in Texas.
 

Vette73

Lifer
Jul 5, 2000
21,503
8
0
I highly doubt that paperwork process would be the resolution of an intruder in a private residence scenario in Texas.



True, but I was speaking of US as a whole.

That and in this day and age of e-mails and text messages; I prefer a baseball bat. It’s more personal and shows my true feelings if this happened at my home. ;)
 
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