144

In the USA, can you lose your home even after it is 100% paid off? (lemmy.ml)

submitted 8 months ago by Confidant6198@lemmy.ml to c/asklemmy@lemmy.ml

132 comments fedilink hide all child comments

Let’s say that you buy a home in cash and have 100% paid off. Could you still lose it somehow?

you are viewing a single comment's thread
view the rest of the comments

[-] Sunforged@lemmy.ml 3 points 8 months ago

Depends on where you live. Here in Washington state we don't have an income tax, so our property taxes are one of the few ways the government has to collect taxes. For that reason our property taxes are much higher than states that have multiple ways to collect.

this post was submitted on 04 Dec 2023

144 points (97.4% liked)

Asklemmy

43027 readers

1514 users here now

A loosely moderated place to ask open-ended questions

Search asklemmy 🔍

If your post meets the following criteria, it's welcome here!

Open-ended question
Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
Not ad nauseam inducing: please make sure it is a question that would be new to most members
An actual topic of discussion

Looking for support?

Looking for a community?

Lemmyverse: community search
sub.rehab: maps old subreddits to fediverse options, marks official as such
!lemmy411@lemmy.ca: a community for finding communities

~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~

founded 5 years ago

MODERATORS