Kenneth Robinson claimed a $300K foreclosed house in Texas by filing an adverse possession claim for $16 after moving in June 17. Neighbors like Leigh Lowry questioned whether the paperwork was legitimate, but the host argues Robinson followed the law.
June 17
$16
Denton County courthouse (filed an online form printed and filed there)
Flower mounds. 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.
What paperwork is it and how is it legally binding? If he doesn't legally own the house, he just squats there.
Leigh Lowry and her husband told me the house down the street was in foreclosure for more than a year. The owner walked away. Then the mortgage company went out of business. Apparently that opened the door for someone to take advantage of the situation.
Kenneth Robinson told us he's no squatter. He says he moved in on June 17 after months of research about a Texas law called adverse possession.
This is not a normal process, but it's not a process that's not known. It's just not known to everybody.
Robinson says this piece of paper gives him rights to the house. It's an online form he printed out and filed at the Denton county courthouse for $16. It says the house was abandoned and he's claiming ownership.
Those nosy neighbors need to mind their own business. Just because that gentleman doesn't have to work for 40 plus years to own that house doesn't mean you get to be upset like a baby. He did the research. He put in the work. He learned the system. Don't hate the player, hate the game.
