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Man buys house for $16 using little known law...

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Old Jul 22, 2011 | 05:44 AM
  #1  
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åhhhhh
 
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From: Toronto, Canada
Default Man buys house for $16 using little known law...

... neighbours are a little upset.

http://www.buzzfeed.com/jpmoore/man-...mes-least-popu

http://www.youtube.com/watch?feature...&v=DpqKIzxiixc

what do you think - i think good for him!

TLDR: man finds house that owner foreclosed, mortgage company closed and basically has no owner. Currently living in the house using some legal mumbo jumbo - the house is his if he lives there for a year or so. people say he is just squatting, he says its already his house.
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Old Jul 22, 2011 | 05:48 AM
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jealous neighbors.
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Old Jul 22, 2011 | 06:31 AM
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as long as he's not bothering anyone or devaluing the neighborhood in anyway. leave him be
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Old Jul 22, 2011 | 08:46 AM
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Why didn't the mortgage company sell off it's assets like every other mortgage company?
It's looks to me like,a couple of neighbors were eying the place to buy it for themselves.

I don't think it's so much an issue of race.
it's more of an issue of somebody beat them to the punch.
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Old Jul 22, 2011 | 10:19 AM
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:rofl: no electricity or running water. oh man. this guy is scumbag, but my hats off to him if he can keep that shit up for 3 years.
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Old Jul 22, 2011 | 12:16 PM
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Originally Posted by ShaolinLueb
:rofl: no electricity or running water. oh man. this guy is scumbag, but my hats off to him if he can keep that shit up for 3 years.
After watching Hoarders... I've learned it's apparently quite common to live in a house for a while without running water... ಠ_ಠ
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Old Jul 22, 2011 | 06:30 PM
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Those stupid neighbors are just jealous. That lady in the news video is acting like a ********.
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