4 ms·
I wonder if the way I use "homeowner" differently than the phrase "own their home" is particular to me. I wouldn't say someone with a mostly unpaid mortgage "ow
by maxerickson 5y ago
I wonder if the way I use "homeowner" differently than the phrase "own their home" is particular to me. I wouldn't say someone with a mostly unpaid mortgage "owns their home" even though they are a homeowner.
It is "their house" and things like that also, but I hesitate to directly say that they own it.
- kube-system 5y agoIn the US, liens are encumbrances to title but aren't transfers of title. It's a legally important distinction because the law often recognizes that even in a foreclosure, equity belongs to the homeowner ...among all of the other rights that come along with property ownership.