Property taxes. . . seems like a very basic topic for a webinar. The fact of the matter is home buyers are facing huge potential property tax increases on the homes they are purchasing right now. This is due to the surge in home values. Current home owners are protected by state laws that cap the amount a taxable value can increase. However, home buyers are not allotted that same protection. When a property sells in Michigan, the assessor will uncap the taxable value the following year. They may also increase the state equalized value.
What does that all mean in plain English? To put it bluntly, it means that the borrower could receive a love letter from there mortgage lender jacking the house payment up hundreds of dollars. As real estate professionals, we need to be able to advise our customers on what might happen the years following their purchase. During this event you will learn all about property taxes, so that you have the knowledge to help your buyers make informed decisions.
Here is a list of some of the things we will dive into during the event:
Come learn from one of the best! Speaker Jeremy Drobeck was the Number #1 loan officer at Amerifirst in 2021 helping hundreds of home buyers navigate their way to home ownership. He brings a wealth of knowledge on the topic. Jeremy has successfully appealed property taxes on many of his own properties over the years at both board of review and the state tax tribunal. He’s calculated property taxes on a daily basis for many years on thousands of properties.
By the end of this event you will be able to figure out what the future taxes on a home would be with nothing but a calculator while you are standing in kitchen of a home you are showing. We want to help you in your journey so we are offering both a live event and zoom webinar for each of our lunch and learns this year. For more info on property taxes right now click here. If you need help with anything between now and our next event don’t hesitate to reach out. Can wait to see you there!
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LIVE EVENTDate: June 8th Time: 12:00 – 1:30 Location: 5830 Venture Park Dr. Kalamazoo, MI 49009 Limited Seating. RSVP required. Box Lunch will be provided. Email bmiller@amerifirst.com to reserve your spot! |
ZOOM WEBINARDate: June 16th Time: 10:30 – 12:00 Zoom Meeting
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Follow this link for a list up other upcoming events
The real estate market has seen dramatic shifts in recent years, transitioning from a seller’s market during the pandemic to a more balanced landscape. As we move forward, understanding these changes is crucial for both buyers and sellers.
The Pandemic Boom:
During the pandemic, the real estate market experienced unprecedented demand. Low-interest rates and remote work trends fueled a surge in home buying, creating a highly competitive seller’s market. Home prices soared, and bidding wars became commonplace.