is your bank looking at a sucker

55

By wwoods1

Is the bank after your home

 

We the people got suckered.  That’s right you have a giant playing against you and you are losing.  You see that friendly neighbor bank, well turns out they are not so friendly.  Your bank is trying to figure out new ways to rip you off.   And of course they use the same system that they, along with the help of the government helped create.  It’s called recycling your home.  First I want you to get one thing straight, “you will never really own your home.”

 

Yes, you can pay it off, and live in it forever, but with a little due diligence that bank can still end up owning your home.   You see your local government needs money so they have created a system, which for a lack of a better name, I will call it the real-estate tax.

 

 Yes they will even come out to your house every three years to assess how much the value of their property has increased, and of course it will increase and they will increase your taxes.

 

You have to pay taxes every year wither you owe money on the house or not. That property will be tax long after you’re gone. Now like I said the property value normally goes up so you will always have a tax bill which seems to get higher year after year.  Now the property value can go down but they will still fine a way to increase your taxes because they need and want your money.

 

Now the problem comes if you can’t pay the taxes, normally it is thrown in with the mortgage, so they basically give you no choice in how you pay.  What happens next is the county, state are whoever collects your taxes, will sale your tax bill and put a lien on your house, this is normally what is called a tax lien, what they are basically doing is selling the right for someone to pay your taxes, but in return that lien gives them the power to take your house when they go through the courts and exercise it. But to be fare you always have time to pay up but they will also slap on a fee of about 18 percent, and then there can be lawyers fees and court cost.

 

 So if you can’t pay the taxes , what makes them think your going to pay the taxes and all the rest of that bogus income (money)  they have just created within the system, You know the out come is that your going to get thrown out you house.  That is the game in a nut shell.  Now you ask what does that have to do with the bank?  Now who are the major buyers of the taxes, tax paper, or tax liens?  

 

Well it’s the bank of course; they make eighteen percent if they don’t get your house and thousands if they do.  They win you lose isn’t our system lovely.  People you better wake up and identify the game, because your losing, because you don’t know the rules and your to weak to change them by voting them fools out of office who are suppose to be watching your back.  Nobodies watching your back, they are watch your money and are figuring ways to take it. You need to be on a mission of cutting the size of your local, state and national government, Together you can get someone in there and effect change.

If we don’t they will get your house too.  At least that’s just my opinion.

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