The most common question I’m asked are “so you just build a home, and all the proceeds go back to you?!?” This is the question that I get asked the most. The truth is, the typical home builder doesn’t have to return a penny of the home’s profits.
The point is that the home builder can’t do much about your home’s financial condition without giving you back a penny. This is why you have to pay the mortgage that the builder owes you. The most common example of this is the Homeowners Association, where the builders were required to report their home’s income and the home owner who owed them a penny paid them. Or, you can find a home builder who will use your home to build a home.
The home builder can build it, but he/she has to pay him to do it. In his/her own words, the home builder is the “big boss” and the home owner is the “big money”.
As a consumer, this is bad. It means that they are paying rent, building their own house, and paying for it with their own money. The builder gets rich and the owner gets stuck with a mortgage and the house that they don’t want. It seems like this is the goal of a lot of builders. They want to make a million dollars in a short amount of time, and they want to do it using your money, so it’s a win-win for them.
This is the exact opposite of the goal of a home builder. The goal of a home builder is to build a house for you so that you can pay your mortgage. The goal of a home owner is to build a house so that you can pay your rent. The goal of a home buyer is to buy your house so you can pay your mortgage. This is why in California homeowners pay more for a home than renters do.
If you build a house so you can get paid a certain amount of money to buy it and pay your mortgage then you are taking money out of your pocket and into the hands of someone else. This is basically the opposite of money in the bank.
This is why home owners pay higher property tax. Property tax is paid by the property owner and not by the property owner’s customers. It’s not something that people can just “take” from their pocket, because it’s not theirs. It’s something that’s paid out to the state and then returned to the property owner.
Now, I don’t know if I have a mortgage or not, but I’m pretty sure that if I did I would have paid more. I’m not sure why this is, but it does seem like the banks and lenders are the ones paying more property tax, because these are the people who own the houses.
This is really good stuff, and it should be a good thing for people to know about. But there is one aspect of how this is all paid that causes me a little bit of confusion. Its a tax that is collected by the state of Oklahoma. But it is not paid to the property owners. It is paid to the state, or more specifically the Department of Revenue, and in the past that had not been the case.
This is the part of the story that I get the most confused about. The state collects this revenue by recording the value of each parcel of property in the county tax rolls. The law requires the owner to pay this into the state’s general fund each year. So, when this revenue is not included in the county tax rolls, then the state is left to decide how to spend it. This is where the confusion comes in. The state does not have a budget for this.