Thursday, February 9, 2012

A $340,000 home for $16?

FLOWER MOUND, Texas - After paying $16 to file a one-page claim to an empty, $340,000 home in an upscale Dallas suburb, Kenneth Robinson moved in furniture, hung a "No Trespassing" sign in the front window and invited television cameras inside for a tour.

He quickly turned into something of a local celebrity, creating a website, http://16dollarhouse.com , where he sold an e-book and offered training sessions for would-be squatters. And while real estate experts and authorities say he's misusing the law, Robinson appears to have inspired dozens of imitators who moved into Dallas-Fort Worth area homes — some of which were still occupied by their owners.

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