Michigan real estate has its quirks and unusual aspects that can sometimes present problems to the unwary. For instance,
- Property taxes are much lower on homestead property than on other properties.
- Homestead status is available to property owners who use the home as a principal residence, but you must apply for it within a particular window every year.
- Tax assessments in Michigan happen at a certain time of year (late winter-early spring), and there is a specified time within which you can initiate an appeal.
- We have summer and winter tax bills. The cities and townships do the property tax assessment and collection.
- Several municipalities now regulate rentals within their jurisdictions.
If there is something you need help with I would be happy to assist you with what I know. Below are several useful links that can give you information on certain tax and mortgage issues.
- For Allegan County property owners, the County Treasurer maintains a database to research property tax valuations, which can be queried by parcel number, name of owner, or address. Click Tax Search, then click Property and Land Search.
- For all Michigan homeowners, the state has a calculation program that shows what your taxes should be for a given SEV (state equalized valuation).
- Rural Development is a United States Department of Agriculture mortgage program. To find out if you are eligible and in what geographical areas you may buy, click here.
I provide service after the sale to my clients. Let me know if there is some assistance I can provide.