Wouldn’t leasing or renting be more accurate depending on what’s involved and the circumstances?

  • LastYearsIrritant@sopuli.xyz
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    3 天前

    If you’re behind $1000 in taxes for a $250000 house doesn’t mean the government takes your whole house and you get nothing.

    They typically sell it at auction and you get the leftovers.
    https://www.michigan.gov/taxes/property/forfeiture-foreclosure

    If you’ve lived in the house after a lifetime, you’d either have to be extremely behind in taxes, have not maintained the house, or both, for it to be a complete loss.

    • Sir_Kevin@lemmy.dbzer0.com
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      3 天前

      If you’re behind $1000 in taxes for a $250000 house doesn’t mean the government takes your whole house and you get nothing.

      They typically sell it at auction and you get the leftovers.

      And that seems fair to you?