No, he's talking about someone who owns his home with no mortgage but can't afford the property tax. The government can sell his private property to pay off back taxes. Of course someone on the inside buys it for pennies on the dollar and then flips it making a huge profit.
--- On Fri, 1/15/10, Nicholas Geti <[email protected]> wrote: > From: Nicholas Geti <[email protected]> > Subject: Re: [OT] Can't Hide This Decline! > To: "ProFox Email List" <[email protected]> > Date: Friday, January 15, 2010, 5:19 PM > But it is not the government that > sells your property. It is a deal between > the owner and his bank. Nothing to do with whether the > owner has a right or > not. Sounds like you are a communist and want the > government to protect the > poor home owner. > > > > ----- Original Message ----- > From: "Pete Theisen" <[email protected]> > To: "ProFox Email List" <[email protected]> > Sent: Friday, January 15, 2010 5:04 PM > Subject: Re: [OT] Can't Hide This Decline! > > > > Nicholas Geti wrote: > >> What a communist. Private property gives people an > incentive to live in > >> the > >> republic and not worry about getting kicked out. > > > > Hi Nicholas, > > > > In theory. In reality you never own it. Even if you > pay off the mortgage > > the taxes will be more than the payment ever was. You > are even late on > > the taxes and your property will be sold on the > courthouse steps. > > -- > > Regards, > > > > Pete > > http://pete-theisen.com/ > > http://elect-pete-theisen.com/ > > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
