Thinking About Buying a Home Next Year?

Here’s More INcentive

Ok, so I had to dust off the RSS feed aggregator…I can’t believe I missed this article!  According to a March 13th, 2007 Detroit News article the folks in Lansing do recognize a problem with Proposal A in a declining market!

What the article highlights is a proposal to suspend the “pop-up” tax that typically occurs in Michigan when a property transfers ownership.  The proposal is to delay the pop-up by 18 months

While I am happy to hear my former colleagues in Lansing are addressing the issue, do you think they might want to speed up that legislation?  Really, how I'm Counting on You! does suppressing the pop-up tax on a home purchased between March and September of 2008 help us sooner rather than later?  Not that I belive average sales prices are going to climb all of a sudden, but the likelihood of higher mortgage interest rates and stingier lending qualifications is only going to increase over time.

 So, please, Lansing, pull the trigger on this proposal, put it into bill form and fast track that bugger through committee and both houses!  Let’s make this an effective incentive while the rates are still good and inventory is still through the roof!

One Response to Thinking About Buying a Home Next Year?

Leave a reply

2510 Banyan Ct, Ann Arbor, MI | New Construction
2510 Banyan Ct, Ann Arbor, MI 48103   Search Ann Arbor Homes » MLS: 3262670   [more]
18417 Westchester, Livonia, MI | Caliburn Estates Stunner
18417 Westchester Dr, Livonia, MI | Caliburn Estates Stunner | 4 Bedroom, 3.1 Bath, 2,716 sf, finish [more]
1212 Woodlawn Ct, Wolverine Lake, MI | Lake Community Living
1212 Woodlawn Ct, Wolverine Lake, MI 48390 Search Wolverine Lake Homes » [more]

Todd Waller | Ann Arbor Real Estate | Berkshire Hathaway HomeServices Snyder & Company, Realtors

todd waller | real estate | todd @ | 734.564.7465

Homes of Ann Arbor

©2018 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity.

copyright ©2018 | todd waller | sitemap | privacy policy

Todd Waller Real Estate
Local Business: Todd Waller
Description: Todd Waller, a self described "destroyer of the real estate fortress of suckitude," focuses on helping sellers and buyers in Ann Arbor, Canton, Livonia, Northville, Novi, South Lyon, Plymouth, and Ypsilanti
Location: 2655 Plymouth Road Ann Arbor MI 48105
Phone: 734.564.7465