Because you just can’t make this stuff up…A Texas homeowner walked away from their home and mortgage. The mortgage company subsequently went out of business. In stepped this Texas man that some are calling a squatter who filed $16 worth of paperwork, walked into the house claiming adverse possession, and if he stays there three years uncontested, will own this house.
Sound crazy? Oh the power of research and little known laws. Is he smart, stealing or squatting? You decide.