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

  • basic_spud
    link
    fedilink
    71 year ago

    In theory, in the case of eminent domain you get the value of your home paid. In practice… its often not enough to actually buy a similar house.

    • snooggums
      link
      fedilink
      71 year ago

      You get a government set rate for the house, not what it could sell for on the open market.