How to get a free home

txcoastal1
txcoastal1 Posts: 13,273
edited July 2011 in The Clubhouse
http://www.khou.com/news/Stranger-moves-into-foreclosed-home-citing-little-knownTexas-law.html

Things that make you go HMMMM:cool:

Skip you did it the hard way....this is in your area
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Desktop rig: LSi7, Polk 110sub, Dayens Ampino amp, W4S DAC/pre, Sonos, JRiver
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Gone to new homes: (Matt Polk's)Threshold Stasis SA12e monoblocks, Pass XA30.5 amp, Usher MD2 speakers, Dynaudio C4 platinum speakers, Modwright LS100 (voltz), Simaudio 780D DAC

erat interfectorem cesar et **** dictatorem dicere a
Post edited by txcoastal1 on
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Comments

  • RuSsMaN
    RuSsMaN Posts: 17,987
    edited July 2011
    Makes a lot of sense. So can I show up and beat his **** and call it MY house now?
    Check your lips at the door woman. Shake your hips like battleships. Yeah, all the white girls trip when I sing at Sunday service.
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  • txcoastal1
    txcoastal1 Posts: 13,273
    edited July 2011
    RuSsMaN wrote: »
    Makes a lot of sense. So can I show up and beat his **** and call it MY house now?

    I guess so we call it King of the Mountain
    2-channel: Modwright KWI-200 Integrated, Dynaudio C1-II Signatures
    Desktop rig: LSi7, Polk 110sub, Dayens Ampino amp, W4S DAC/pre, Sonos, JRiver
    Gear on standby: Melody 101 tube pre, Unison Research Simply Italy Integrated
    Gone to new homes: (Matt Polk's)Threshold Stasis SA12e monoblocks, Pass XA30.5 amp, Usher MD2 speakers, Dynaudio C4 platinum speakers, Modwright LS100 (voltz), Simaudio 780D DAC

    erat interfectorem cesar et **** dictatorem dicere a
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  • obieone
    obieone Posts: 5,077
    edited July 2011
    Smart individual. Can't blame the guy for doing his homework.
    What I don't understand is, SOMEONE is on the hook for that mortgage, so how did it get to this point? I understand the mortgage co. is out of business, but usually, they just broker the financing. Or atleast, that's the way I understand it:confused:
    I refuse to argue with idiots, because people can't tell the DIFFERENCE!
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  • greyford1979
    greyford1979 Posts: 749
    edited July 2011
    Thought it's spelled affidavit not avidavit:confused:...wonder if it was a fake document lol
    I love animals, they're delicious!
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  • scottyboy76
    scottyboy76 Posts: 2,905
    edited July 2011
    Thats atlanta, just in case.

    No law to back the atlanta squatters, just a claim the whole home ownership process is racist and they have rights, blah blah blah, but the cops are having a little trouble keeping up with them, simply because there are beginning to be enough of them to overload the system.

    Of course these are people who dont work, trash the homes in no time, just like everywhere they have lived, bring crime and are hostile to the legitimate homeowners in neighborhood.

    America....a great idea while it lasted
    humpty dumpty was pushed
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  • m1aman
    m1aman Posts: 143
    edited July 2011
    I love it when people beat the system (in this case anyway) legally because it is usually stacked up against the average guy.
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  • EndersShadow
    EndersShadow Posts: 17,590
    edited July 2011
    Kinda ridiculous....but its a very unlikely set of circumstances (mortgage company going out of business)
    "....not everything that can be counted counts, and not everything that counts can be counted." William Bruce Cameron, Informal Sociology: A Casual Introduction to Sociological Thinking (1963)
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  • F1nut
    F1nut Posts: 50,500
    edited July 2011
    Let's see, there's no insurance on the property.....wanna bet it somehow burns to the ground?
    Political Correctness'.........defined

    "A doctrine fostered by a delusional, illogical minority and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a t-u-r-d by the clean end."

    President of Club Polk

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  • txcoastal1
    txcoastal1 Posts: 13,273
    edited July 2011
    I am sure the HOA regulations will either be ammended or already have things in place...like maintaining electricity or plumbing....without it would usually be a public health hazard
    2-channel: Modwright KWI-200 Integrated, Dynaudio C1-II Signatures
    Desktop rig: LSi7, Polk 110sub, Dayens Ampino amp, W4S DAC/pre, Sonos, JRiver
    Gear on standby: Melody 101 tube pre, Unison Research Simply Italy Integrated
    Gone to new homes: (Matt Polk's)Threshold Stasis SA12e monoblocks, Pass XA30.5 amp, Usher MD2 speakers, Dynaudio C4 platinum speakers, Modwright LS100 (voltz), Simaudio 780D DAC

    erat interfectorem cesar et **** dictatorem dicere a
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  • Tony M
    Tony M Posts: 11,146
    edited July 2011
    I think this is a bunch of drama nonsense. Some mortgage co. has to own the title on that house!!

    I'm sure there are back taxs owed and utility leans on it too. I thought governments can make all the mistakes they want to but in the end, what's really meant for everybody will stand.

    Thieves motto....vvv

    Possession is 9/10 of the law. LOL BS



    This story just might open a flood gate of opportunists that will try the same thing across America!!
    Most people just listen to music and watch movies. I EXPERIENCE them.
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  • tonyb
    tonyb Posts: 32,957
    edited July 2011
    tony millard wrote: »

    This story just might open a flood gate of opportunists that will try the same thing across America!!

    Uh....that is the objective, to overload the system. Your kids are taught this crap in college, even High School these days.

    Someone has to have ownership.
    Didn't Florida have this problem last year and had to quickly change the laws ?
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  • shack
    shack Posts: 11,154
    edited July 2011
    tony millard wrote: »
    I think this is a bunch of drama nonsense. Some mortgage co. has to own the title on that house!!

    It doesn't have to be a mortgage company...but Tony is right...someone (some entity) owns a mortgage loan which is secured by a lien on that house. When a mortgage company goes out of business, their assets are sold to another company or taken over by a bankruptcy court, etc. The mortgage company may have already bundled that particular mortgage and sold it to investors before they went out of business. It doesn't just cease to exist. At some point the holder of the mortgage may show up and start to forclose and kick the squatter out...regardless of what papers he filed.
    "Just because you’re offended doesn’t mean you’re right." - Ricky Gervais

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  • sucks2beme
    sucks2beme Posts: 5,601
    edited July 2011
    I'll have to check this out, since it's my town.
    There are a lot of odd things going on with houses since the
    mortgage companies and courts are clogged with this stuff.
    I saw a report on TV where some POS in N.Y. filed to stop
    foreclosure on his house. Seems he hasn't made a payment
    in 8 years! He was saying he wanted to make a deal to keep his house.
    Free living for 8 years, and of course he was one of the "sub-prime"
    loans. What that really means they gave a high interest risky loan
    to a guy who couldn't afford it. No he's living free while somebody
    else holds the bag. What a tool! Throw the bums out. Why should
    I feel sorry for someone like that? He signed paperwork for a loan
    he couldn't afford. End of story. No job loss, no big event why he
    couldn't pay, just took out too big of a loan.
    "The legitimate powers of government extend to such acts only as are injurious to others. But it does me no injury for my neighbour to say there are twenty gods, or no god. It neither picks my pocket nor breaks my leg." --Thomas Jefferson
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