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Reply #6: You Think the Banks Don't Pay Property Taxes?
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Sun Nov-13-11 10:24 PM
Response to Reply #5 |
6. You Think the Banks Don't Pay Property Taxes? |
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I certainly hope governments don't start seizing bank-owned houses. Why on earth would a lender give a mortgage to anyone if risk of the owner's not paying is not only foreclosure, but loss of the collateral? It basically makes a mortgage an unsecured loan.
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