Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: John Semmens

The downstream effect here is that if the state cannot seize your equity when you default on taxes then a lender cannot seize your equity when you default on a mortgage.

So look for the banks and the Fed to weigh in on this.


14 posted on 05/04/2023 1:55:57 PM PDT by MeganC (There is nothing feminine about feminism. )
[ Post Reply | Private Reply | To 1 | View Replies ]


To: MeganC

“The downstream effect here is that if the state cannot seize your equity when you default on taxes then a lender cannot seize your equity when you default on a mortgage.”

Not the issue here. The issue is returning equity after the sale.


17 posted on 05/04/2023 2:07:05 PM PDT by TexasGator
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson