I agree but the truth is we should never have to be in a position to buy our stuff back from the banks.
You buy a house. You make 29 years and 9 months worth of payments on a 30 year mortgage. 3 payments left but an unexpected doctor bill has you missing those payments for 4 months. The bank will take your house and auction it off.
How is that the system and OK? I had this happen to me sort of. Was with a truck and I had only a few payments left. 4 I think on a 5 year loan. I was 3 months behind and they repo'd and it was on the auction block the next day. I was able to get the money to the bank the next morning before it auctioned so I got it back luckily.
Since then I have gotten out of debt 100% and will never be in debt again for any reason.
I agree but the truth is we should never have to be in a position to buy our stuff back from the banks.
You buy a house. You make 29 years and 9 months worth of payments on a 30 year mortgage. 3 payments left but an unexpected doctor bill has you missing those payments for 4 months. The bank will take your house and auction it off.
How is that the system and OK? I had this happen to me sort of. Was with a truck and I had only a few payments left. 4 I think on a 5 year loan. I was 3 months behind and they repo'd and it was on the auction block the next day. I was able to get the money to the bank the next morning before it auctioned so I got it back luckily.
Since then I have gotten out of debt 100% and will never be in debt again for any reason.
That system has to end.
Add this in the mix: You pay off everything, lived there all your life and you miss a property tax payment: same result.
Everyone thinks we have private property. We don't. Try not paying property taxes on a property you 100% own.
Yep. Stop paying “property tax” and see how soon you stop “owning” your home.
Just thinking of the words property tax disgusts me
I've been told alloidal title is the solution to this, but I haven't had a chance to research it yet.
I have. Here's a quick shot at what it is: CLICK ME
That's fantastic. Keeping that one in my pocket.
This is the way.
All taxation is theft.
All of it.