Kenneth Robinson did his research and was rewarded with a $300,000 for only $16. The home was foreclosed on the owner and the mortgage company went out of business. According to Texas law, the home isĀ abandoned, and by filing $16 worth of paper works, Robinson was able to gain control of the home. If he stays there for three years, It’s his. The neighbors aren’t too please by the great deal Kenneth got. Sounds like a reality TV show.