You may have bought real estate, but you'd be suprised who really owns it

In the attached link I ran into a post noting that one's name may indeed be on the deed (sorry) but in the end the one who owns our property isn't us.  Sad to say it but in the end the goverment owns every last square inch.  And, if you don't pay your taxes they'll take it back.  In fact some of us and a few investors make a living reselling forclosed and tax defaulted properies.  Problem is, seldom to we pause to remember this pointiant fact. While processes may differ from county to county and state to state the end result is undoubtedly the same: pay your taxes of the government will remind you who owns the land.

http://www.freerepublic.com/focus/f-news/1779516/posts