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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (49986)1/17/2006 8:09:37 PM
From: Lee Lichterman III  Read Replies (2) of 110194
 
Re: >>Orange County's tax collector reports that:
Almost 46,000 property owners had not paid as of Jan. 7, a group that's grown 15 percent from the same time a year ago. It's also the largest count since the December 1995 bill. <<


Wouldn't the banks be paying the taxes since they hold title and would not want to lose the homes securing those loans to the tax authorities?

I have never had to pay taxes on any home I had a mortgage on. Something doesn't make sense.

Good Luck,

Lee
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