Comments on: 2007 State of Michigan Property Assessment http://blog.team366.net/2007/02/27/2007-state-of-michigan-property-assessment/ Ann Arbor Area Real Estate @ the Speed of Life Fri, 21 Nov 2008 18:09:35 +0000 http://wordpress.org/?v=2.6.1 By: Robin http://blog.team366.net/2007/02/27/2007-state-of-michigan-property-assessment/#comment-160 Robin Mon, 19 May 2008 22:22:58 +0000 http://mirealestate.wordpress.com/2007/02/27/2007-state-of-michigan-property-assessment/#comment-160 I thought the taxes were bad here in Florida I thought the taxes were bad here in Florida

]]> By: wendy hoard http://blog.team366.net/2007/02/27/2007-state-of-michigan-property-assessment/#comment-159 wendy hoard Fri, 07 Mar 2008 01:55:34 +0000 http://mirealestate.wordpress.com/2007/02/27/2007-state-of-michigan-property-assessment/#comment-159 Well my property assessment went up 58.5 percent, Yep it's been increasing every year little by little in line with it's worth, but now according to the assessor it was just so low compared to other houses in the neighborhood that are so much larger and have sold numerous times over for more than they were worth thanks to appraisers working with the buyers and the mortgge companies, so my house needed reassesed. Nobody in their right mind would pay 93,000 for my little house. Bought in 92 $27,000, assessment comes, major increase, point out should have been half what I paid for, gets corrected. 93 freeze comes in, 94 proposal a passes. I'm set. Reasonable assessments til I replace the falling down porch (repair maintenance right?) well two years later, we reviewed your area,.....another major increase (yeah right, the building permit caught your attention). Three years ago, reroofed, once again, since he doesn't want to be obvious, this years come, call, I figure it's a mathematical error, maybe they mean 5.5 percent, which puts it in debatable territory but not worth dealing with. He says well we noticed your SEV was noticeably low.....so we.... reassed. Now I'm looking at recent sales for houses nicer than mine, same area, slightly larger, because, hey I have the littlest house in town with one exception, they're selling for 30 to 66,000, So how is mine worth 93. Maybe if it burns down and the insurance company builds another. I point out, I don't have carpeting, I don't have forced air furnace, (I have a gravity octipus and wood floors not worth refinishing) and I think you have my square footage wrong and I don't have 3 bedrooms, where do you put em in 23x20--people have garages and additions larger than my house. Well that doesn't really matter how many rooms you have, it's the footage. Why quibble about 100 square feet when that's not going to change it that much. Does it matter that due to the emerald ash borer and the drought and storms i've lost three huges trees, apparently not, nomatter what you yard is like this amount equals this amount on all the property cards I viewed. Why am I concerned. Well what if they decided to do special assessments. What if they decided to use SEV/AV instead of TV which didn't exist when special assessments laws were made. What if I turn idiot and convince someone to lend me based on my SEV/AV? With assessing like this there will never be any improvements made. So let him in to do an assessment. Yep we'd go from worth 93,000 to you have one year to rectify deficiencies or we'll condem and tear your house down. I really wish I had moved to Arizona when my family did. Well my property assessment went up 58.5 percent, Yep it’s been increasing every year little by little in line with it’s worth, but now according to the assessor it was just so low compared to other houses in the neighborhood that are so much larger and have sold numerous times over for more than they were worth thanks to appraisers working with the buyers and the mortgge companies, so my house needed reassesed. Nobody in their right mind would pay 93,000 for my little house. Bought in 92 $27,000, assessment comes, major increase, point out should have been half what I paid for, gets corrected. 93 freeze comes in, 94 proposal a passes. I’m set. Reasonable assessments til I replace the falling down porch (repair maintenance right?) well two years later, we reviewed your area,…..another major increase (yeah right, the building permit caught your attention). Three years ago, reroofed, once again, since he doesn’t want to be obvious, this years come, call, I figure it’s a mathematical error, maybe they mean 5.5 percent, which puts it in debatable territory but not worth dealing with. He says well we noticed your SEV was noticeably low…..so we…. reassed. Now I’m looking at recent sales for houses nicer than mine, same area, slightly larger, because, hey I have the littlest house in town with one exception, they’re selling for 30 to 66,000, So how is mine worth 93. Maybe if it burns down and the insurance company builds another. I point out, I don’t have carpeting, I don’t have forced air furnace, (I have a gravity octipus and wood floors not worth refinishing) and I think you have my square footage wrong and I don’t have 3 bedrooms, where do you put em in 23×20–people have garages and additions larger than my house. Well that doesn’t really matter how many rooms you have, it’s the footage. Why quibble about 100 square feet when that’s not going to change it that much. Does it matter that due to the emerald ash borer and the drought and storms i’ve lost three huges trees, apparently not, nomatter what you yard is like this amount equals this amount on all the property cards I viewed. Why am I concerned. Well what if they decided to do special assessments. What if they decided to use SEV/AV instead of TV which didn’t exist when special assessments laws were made. What if I turn idiot and convince someone to lend me based on my SEV/AV? With assessing like this there will never be any improvements made. So let him in to do an assessment. Yep we’d go from worth 93,000 to you have one year to rectify deficiencies or we’ll condem and tear your house down. I really wish I had moved to Arizona when my family did.

]]> By: Lambros http://blog.team366.net/2007/02/27/2007-state-of-michigan-property-assessment/#comment-158 Lambros Fri, 04 Jan 2008 18:51:03 +0000 http://mirealestate.wordpress.com/2007/02/27/2007-state-of-michigan-property-assessment/#comment-158 Cool. Cool.

]]> By: Kevin http://blog.team366.net/2007/02/27/2007-state-of-michigan-property-assessment/#comment-154 Kevin Wed, 25 Apr 2007 13:26:15 +0000 http://mirealestate.wordpress.com/2007/02/27/2007-state-of-michigan-property-assessment/#comment-154 Thank You. Thank You.

]]> By: Black Tie Todd http://blog.team366.net/2007/02/27/2007-state-of-michigan-property-assessment/#comment-152 Black Tie Todd Tue, 27 Mar 2007 14:03:58 +0000 http://mirealestate.wordpress.com/2007/02/27/2007-state-of-michigan-property-assessment/#comment-152 Kevin, That might work fine in a seller's market where prices are on the rise. However, with prices declining and the SEV rate increase a result of a nearly 3 year old market survey, it seems to me to be a recipe for an overpriced listing. Kevin,
That might work fine in a seller’s market where prices are on the rise. However, with prices declining and the SEV rate increase a result of a nearly 3 year old market survey, it seems to me to be a recipe for an overpriced listing.

]]> By: Kevin http://blog.team366.net/2007/02/27/2007-state-of-michigan-property-assessment/#comment-153 Kevin Mon, 26 Mar 2007 10:11:11 +0000 http://mirealestate.wordpress.com/2007/02/27/2007-state-of-michigan-property-assessment/#comment-153 I have heard that doubling the SEV on a home is a way to ball park what the home might reasonably list at. What do you think of that? Kevin I have heard that doubling the SEV on a home is a way to ball park what the home might reasonably list at.
What do you think of that?

Kevin

]]> By: Thinking About Buying a Home Next Year? « S.E. Michigan Real Estate http://blog.team366.net/2007/02/27/2007-state-of-michigan-property-assessment/#comment-157 Thinking About Buying a Home Next Year? « S.E. Michigan Real Estate Mon, 19 Mar 2007 21:39:00 +0000 http://mirealestate.wordpress.com/2007/02/27/2007-state-of-michigan-property-assessment/#comment-157 [...] 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! [...] [...] 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! [...]

]]> By: Tax Tribunal Assistance « S.E. Michigan Real Estate http://blog.team366.net/2007/02/27/2007-state-of-michigan-property-assessment/#comment-156 Tax Tribunal Assistance « S.E. Michigan Real Estate Thu, 01 Mar 2007 15:08:11 +0000 http://mirealestate.wordpress.com/2007/02/27/2007-state-of-michigan-property-assessment/#comment-156 [...] 1st, 2007 · No Comments So, with the discussion of Michigan’s Proposal A and its effect on taxes in a declining real estate market, it seems [...] [...] 1st, 2007 · No Comments So, with the discussion of Michigan’s Proposal A and its effect on taxes in a declining real estate market, it seems [...]

]]> By: Christopher Sevick http://blog.team366.net/2007/02/27/2007-state-of-michigan-property-assessment/#comment-155 Christopher Sevick Wed, 28 Feb 2007 13:55:27 +0000 http://mirealestate.wordpress.com/2007/02/27/2007-state-of-michigan-property-assessment/#comment-155 Todd, Well done job of explaining the information and how to find the source. In the last several weeks I have received increasing calls about this very issue and now have a "good" guide to provide. Todd,

Well done job of explaining the information and how to find the source. In the last several weeks I have received increasing calls about this very issue and now have a “good” guide to provide.

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