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Macomb County MI real estate blog

Homestead exemption – deadline to file is this Friday

April 28th, 2010 · No Comments · tips for home buyers, tips for home sellers

For those of you who recently purchased a home please double check and make sure that you turned in your Principle Residence Exemption (if it applies to you) on or before this coming Friday, April 30th.

If you need a form, or are unsure if this is something you should be filing, please don’t hesitate to contact me and I’ll be happy to help you if I can.

Also, if you purchased a home and have your previous home on the market for sale, you should be able to qualify for the “Conditional Rescission Exemption” that was implemented by the State of Michigan 2 years ago.  This means that you can keep the homestead status on your previous home and take the exemption on your current home if you qualify.   VERY important if you are trying to sell your previous home as it keeps it in a more comfy taxable status for a potential buyer.

~Kris Wales~  A partner for your real estate needs in Macomb County MI
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Important copyright information: All photos were taken by Kris Wales. Do not copy and use photos for your own use, whether it be for personal or commercial purpose. All articles were written by Kris Wales. Once again, do not copy and use for your own purposes. Important disclaimer: Views expressed on the blog by the author and commenters do not express the views of Keller Williams Realty. All information contained is deemed to be reliable at the time of posting but not guaranteed.