In reality, the Government will own your house---then someone else will live in your home if you don't pay your taxes. You really are only "leasing" your home from the Government.
But leasing your home from the Government can prove to be more profitable and a better arrangement than leasing from a landlord who leases the house from the Government.
Sorry, a bit off the subject. Dr. You have no choice in the matter of title insurance when you have a mortgage on the property. The lending institution will require it. Regardless, Title insurance isn't a scam---it's insurance---and to many not a bad idea and to others an unnecessary expense. To each his own. Good luck with your new "lease"!
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Most people are as happy as they make up their mind to be. Abraham Lincoln
Last edited by justjim; 07-07-2015 at 09:05 AM.
Reason: Spelling left out
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