SQUATTERS RIGHTS?? WHO NEEDS A MORTGAGE ANYWAY!!!
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    PEOPLE ASSUME WHAT THEY DON'T KNOW, YOU KNOW WHO YOU ARE!

    Feb 2008
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    SQUATTERS RIGHTS?? WHO NEEDS A MORTGAGE ANYWAY!!!

    Came across this! Pretty sad, but on the other hand, all the mortage companies charging high interest rates, the government high taxes! Why pay for a mortgage when you can get a house for just filing fees!!!

    Pretty sad though!

    In the video included below you will see a man who has declared adverse possession under Texas law and moved into a $300,000 home in the DFW Metroplex. The home was in foreclosure. This man has basically inserted himself into the home, paid the back property taxes, and challenged either the property owner who was in default of the mortgage and the bank who owns the mortgage and the property to defy him in court to regain possession. He is betting that the former owner is in no position to challenge and that the mortgage company does not want to engage in what could be an expense law suit to regain possession of the property. If his bet pays off, he gains legal control of the property in a short period of time with only a $16 filing fee involved as his investment. While some might see this as a loophole which the man is using, we all must admit this action is not in the “spirit” of the law as it was intended to prevent property from falling into disuse for long periods of time. No doubt this issue must be addressed to remove those loopholes which make such opportunity available.

    SQUATTER'S RIGHTS
    If I was President; I would take away welfare! I wouldn't make any bargains with foreign countries! I wouldn't take #@*& from any country! I would close the borders! I would get rid of taxes! I would make EVERYONE own at least 5 guns! I would ENFORCE Finders Keepers Law !!!!!!!!

 

 

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