CASEY NORTON
KHOU 11 News
Posted July 19, 2011
FLOWER MOUND, Texas – A little-known Texas law and a foreclosure could have a man in Flower Mound living on easy street.
- A d v e r t i s e m e n t
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Flower Mound’s 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?” said Leigh Lowrie, a neighboring resident. “He just squats there.”
Lowrie and her husband said the house down the street was in foreclosure for more than a year and the owner walked away. Then, the mortgage company went out of business.
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