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08-05-2011, 11:29 AM | #19 | |
Quit your bullshit
Join Date: Jul 2005
Location: Bored of winning
Casino cash: $10052799
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Quote:
1. Houses are auctioned regularly. It doesn't crush neighboring home prices, and they don't go for pennies on the dollar. 2. The banks would get the proceeds, so its not like the government would act as owners. If they can force people to pay property taxes, they can force a sale. Here's a question, though. Are banks required to pay the taxes after foreclosing?
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