Five hundred dollars was all it took for Robert Perry Tucker II to gain an interest in an Asheville home that had been owned by a Black family since 1918.
Two elderly heirs signed deeds selling their shares of the home to a Tucker company for $250 apiece. With their ownership in hand, Tucker’s company used a Reconstruction-era law to force a sale of the entire property, and another Tucker company bought it at auction for $3,750.
The eight heirs whose family had owned the property for a century received $445 each, the auction commissioner reported. The Tucker company that bought the property sold it in three months for $55,000.
Robert Tucker, left, and his attorney, Peter Henry, at an April hearing held virtually in Buncombe County Superior Court.READ MORE