Realtor Success Seminar: Understanding Property Taxes
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.
HOT TOPICS WE WILL COVER
Here is a list of some of the things we will dive into during the event:
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Come learn from one of the best! Speaker Jeremy Drobeck at Treadstone Mortgage has helped thousands 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. 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!
SIGN UP TODAY!
LIVE EVENT – NOTE the change in venue this year
Date: February 15th, 2024
Time: 12:00 – 1:30
Location: Travelers Cafe & Pub – 5225 Portage Rd, Portage MI 49002
Limited Seating. RSVP required. Lunch will be provided.
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The “obvious” choice for your mortgage might actually be the most expensive path if you don’t account for the unique terrain of the West Michigan housing market. While you might assume a massive down payment is the only way to avoid financial turbulence, comparing a Conventional vs USDA Loan Michigan reveals that the right flight plan often involves much less upfront cash than expected.
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