Michigan Tax Legislation Now in the House of Representatives- Good News for Home Buyers

Michigan Tax Legislation Now in the House of Representatives- Good News for Home Buyers A brief explanation of how Michigan property taxes work. We have what is called the homestead exemption for a person’s primary residence in The Great Lakes State, which basically means if the house is your primary residence you get a break [...]

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A Tale of Two Taxes

It was the best of times (when your house was assessed). It was the worst of times (now)… it was the epoch of belief, it was the epoch of incredulity… it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us… Two houses in [...]

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Southeast Michigan Home Buyer- How to Calculate Your New Property Taxes

Southeast Michigan Home Buyer- How to Calculate Your New Property Taxes Right now in Oakland and Lapeer County Michigan many houses are assessed higher than their true market value. Many home buyers are under the false assumption that they will only be stuck with that tax for the first year. That the new assessment will [...]

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