Thinking your paying too much in property taxes? You might be! I look up a lot of property taxes and find that most homes are selling for less than what the local assessors are saying they are worth. Perfect example would be a home I bought for $25,000, the home was NOT a forclosure and was on the market for 501 days before I purchased it. Yet the City of Kalamazoo says the property is worth $80,000! If that’s not over assessed I don’t know what is. This next seris of videos is going to walk you thru the process of disputing your property taxes. You only get one shot a year and its coming up here soon at the end of February. In this video I sit down with Alan Jeffries from Century 21 Advance Realty and talk the basics of what home owners need to know. Alan is a Level 3 Assessor in the State of Michigan and has been a licensed real estate agent for years!
Are you shopping for a luxury executive home or a custom build in Texas Township, Portage, or Richland?
Yesterday, a move-up buyer walked into my office after touring a gorgeous five-bedroom home near Texas Corners. The listing sat well above their previous starter home price point, and they were trying to calculate their down payment strategy.
They asked me, “Jeremy, at what price point does our mortgage switch from a standard Conventional loan into a Jumbo loan? Do Jumbo loans require massive 20% cash down payments?”