Man uses us law to claim ownership of $300k home for just $16

If someone you knew claimed to have bought a new house for $16, you'd probably expect it to be a rundown hovel.

But for Kenneth Robinson, that princely sum could see him as the new owner of a $300,000 home in an well-manicured part of Flower Mound, Texas.

On June 17, Mr Robinson took advantage of a little known Texas law to move into the abandoned home.

The house had been in foreclosure for more than a year and its owner walked away. Then, the mortgage company went bust.  

Source: DailyMail.co.uk