@ALostInquirer@lemm.ee to No Stupid Questions@lemmy.world • 4 days agoWhy do some say they own or have bought something that they technically haven't (e.g. domain names, expensive things, etc.)?message-square60fedilinkarrow-up151arrow-down18file-text
arrow-up143arrow-down1message-squareWhy do some say they own or have bought something that they technically haven't (e.g. domain names, expensive things, etc.)?@ALostInquirer@lemm.ee to No Stupid Questions@lemmy.world • 4 days agomessage-square60fedilinkfile-text
minus-square@LastYearsIrritant@sopuli.xyzlinkfedilinkEnglish3•4 days agoIf 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.
minus-square@Sir_Kevin@lemmy.dbzer0.comlinkfedilinkEnglish-1•4 days ago 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?
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.
And that seems fair to you?