Detroit Real Estate

In response to: How Michigan Property taxes work - homestead taxes and non-homestead taxes part 1

Russ,

Thanks for the info. You are correct that MI prop tax is more than a little confusing. What if I purchase a vacation home (non-homestead0 and than move into it in a few years? Can I claim homestead after the initial purchase? Just curious.

Thanks,

Ron

In response to: Metro Detroit first time home buyer tips Part 6 - tips and tricks on how to keep the information straight

Fascinating information...I'm not quite sure I've even grasped it, but it's interesting nonetheless.

In response to: How Michigan property taxes work - buying a home with non homesteaded taxes

I don't believe there is a way to do it online. Only in person. I also don't believe there is a fee to file it. But there could be a fee if you failed to file the transfer form in the required length of time.

In response to: How Michigan property taxes work - buying a home with non homesteaded taxes

You need to go down to your city or township and file the homestead exemption form and transfer affidavitt if it hasn't been done. They should have the forms there. You should get a copy for your records.

In response to: How Michigan property taxes work - buying a home with non homesteaded taxes

I recently found out that i have until may 1st to file my home as a homestead....how to i go about doing that? is there a way to do this online considering that may 1st is so close? and is there a fee to do this and if so how much? Thank you so much for your help

In response to: Michigan site condos

I honestly don't know their experiences. Does your complex want to buy all the equipment and maintian the liability insurance and the payroll tax issues?

In response to: Michigan site condos

are there condo complexes that have an employee do their landscaping rather than hiring landscaping company? what are their experiences?

In response to: Michigan property taxes and state equalized value

Here you go

Year Taxable Value State Equalized Value Homestead/ Percent Total
Taxes
2010 40,902.00 44,900.00 100.00 2,551.02
2009 41,026.00 45,900.00 100.00 3,014.17
2008 39,297.00 47,100.00 0.00 3,292.64
2007 38,414.00 46,600.00 0.00 3,557.45
2006 37,044.00 43,700.00 0.00 3,580.17