You go to a bank or some other lending agency and get a loan to purchase a piece of land, home or business. Your name is put on the documents that are filed in court as required, BUT, who really owns that property? Is it the lending agency, you or someone else? When you made the purchase, you received a statement showing the taxes paid based on the amount you paid for the property. At the end of the year you receive an “estimation” of the NEW value of your purchase along with an estimation of the taxes to be paid by ...