Well MT as a owner of a few properties myself, until you hold the DEED you don't OWN IT. CGFIA still has a payment to make before they would hold a deed. If CGFIA doesn't make the payment, guess who gets the property? Are you going to say CGFIA OWNS IT STILL? I never heard of anybody who defaults on a mortgage that they own the property. Just ask the millions of people who lost there homes if they OWN the property they got booted out of......
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.