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OUT OF MIND » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » How Big Banks Can Steal Your Home From You Even If Your Mortgage Is Totally Paid Off

How Big Banks Can Steal Your Home From You Even If Your Mortgage Is Totally Paid Off

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PurpleSkyz

PurpleSkyz
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How Big Banks Can Steal Your Home From You Even If Your Mortgage Is Totally Paid Off
Posted on September 10, 2013by END TIME HEADLINES
How Big Banks Can Steal Your Home From You Even If Your Mortgage Is Totally Paid Off Foreclosure-Photo-by-respres-300x300
Did you know that the big banks have a way to legally steal your house from you even if you don’t owe a single penny on your mortgage?  Big banks and hedge funds are buying billions of dollars worth of tax liens from local governments all over the nation, and they are ruthlessly foreclosing on homeowners when they can’t pay the absolutely ridiculous penalties and legal fees that are tacked on to the original tax bill.  As you will see below, one 76-year-old man lost his $197,000 home that he fully owned over a $134 tax bill.  A 95-year-old woman lost her $300,000 home over a $44.79 tax bill.  This is a very, very dirty way to make money, and the predatory financial institutions that are involved in this business definitely do not want to talk about it. More

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