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Even if you bring a wheelbarrow of C-notes to the closing to pay for your house, you still never own a house the way you own a ham sandwich. If you fail to pay
by teeray 5y ago
Even if you bring a wheelbarrow of C-notes to the closing to pay for your house, you still never own a house the way you own a ham sandwich. If you fail to pay your property taxes, the government can kick you out and auction your house to repay itself.
- ur-whale 5y ago> If you fail to pay your property taxes, the government can kick you out Yes, agreed. You are merely renting land from the govt. That is not the case everywhere, btw, IIRC. Ireland (I believe, to be verified) and China don't have things like property taxes.