» Real Estate Law
Principal Residence Exemption
Michigan has a principal residence exemption that can reduce your property-tax bill. (This used to be called the homestead exemption.) If you qualify, your home will be exempt from a portion of school operating taxes. Here’s an introd…
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Categories: Real Estate Law
Real Estate Taxes
As you know, if you own a home or other real estate, you need to pay real estate taxes. In Ann Arbor, you get billed twice a year – once at the beginning of July, and again at the beginning of December. Here are some tax highlights. H…
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Categories: Real Estate Law
Buying a Home in Ann Arbor
Buying a home is a major event, involving a number of important documents. From a legal standpoint, there are three stages in the buying process. Sales Contract. You’ll probably start with the sales contract created by the Ann Arbor Area…
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Categories: Real Estate Law
Selling a Home in Ann Arbor
Whether you sell your home through a real estate agent (as most sellers do) or sell it yourself, the process is basically the same. There are the four main stages. Disclosure Forms. You’ll need to complete a seller’s disclosure statemen…
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Categories: Real Estate Law