Can a County Sell Your Home For Tax Debts and Reap A Windfall?

2 years ago

If you default on your mortgage and the mortgage company comes in and sells your home for $250,000, and then takes the $50,000 you owe them, they have to give you the other $200,000. But if the state sells your home for taxes, in 14 states they get to keep the windfall. Let's discuss!

#TylervHennepin
#takingsclause
#excessivefinesclause

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