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Reply #1: Even if the mortgage is paid off, there is still the matter [View All]

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shraby Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-21-10 08:17 AM
Response to Original message
1. Even if the mortgage is paid off, there is still the matter
of never-ending taxes on the property which in many cases is a sizeable monthly payment...or year end cost, and that's if you live in the countryside and not in a town. In town, you have the town and county/township taxes, in the country, you only have the county/township taxes. A person never actually owns their home, if taxes aren't paid, it will be lost for the taxes not paid.
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