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Saturday, July 16, 2011

Heard of Allodial Title?

6. You never truly own Real Estate. Even if you own your home outright you still have to pay taxes on it. If you do not pay the taxes you will see who have real ownership of your property. There is away around this and you can get Allodial Title to your property.
This is a king’s title which means that no one can put a lien against your property. First you need to pay off your entire mortgage. Then you need to buy the bond that is attached to your property and pay that off too. It costs anywhere from 6 to 8 times your property taxes. When that is done you need to go to your town hall and have your property reclassified as Private Property. Many Churches have their properties held this way and they do not have to pay taxes. This is something that I have only taken a passive interest in,but after the collapse I will make sure all the property I buy will have and Allodial Title. One thing to be aware of is that you cannot mortgage that property unless you reclassify your property. Having Allodial Title is a great Estate Planning tool since there can be no lien put on your property,it is off limits to lawsuits. Gold and Silver naturally have Allodial Title to it and is without counter party risk.
Common Man News: 30 Reasons To Get Out Of Real Estate And Into REAL Assets

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