| New Issues Surrounding State Tax Liens |
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REALTORS® in Ingham County have recently had closings fail at the last minute due to the discovery of numerous state tax liens against the property they are trying to close. The state tax liens are filed against the owner or a former owner of the property who received a deed for the property as a result of a foreclosure by advertisement. ... more
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| July Boasts Some of the Year’s Best Numbers |
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According to the MLS reports compiled by the Michigan Association of REALTORS®, 11,477 single-family homes were sold in July, 2012, an increase of 14% over July, 2011 while the July 2012 average sales price was $116,116, a 6.55% increase over the 2011. ... more
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| Take 20% OFF Enrollment at The CE Shop |
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MAR members can take advantage of 20% off their enrollment fee by using the promotional code: August12. This promotion ends on August 31st, 2012.
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| Governor Signs Critical Dunes Legislation |
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LANSING, Mich. - On August 7th, 2012, Governor Rick Snyder signed legislation clarifying the criteria for landowners building homes in privately held areas of Michigan’s lakeshore dunes. Senate Bill 1130, sponsored by Sen. Arlan Meekhof, resolves deficiencies in current law that put Michigan at risk in lawsuits. ... more
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| Vote REALTOR® Party: Watch for your REALTOR® Primary Election voter card in the mail! |
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The Michigan Association of REALTORS®, in conjunction with an extraordinary effort by many local associations, has made Primary endorsements for candidate running for the U.S. Senate, the U.S House, and the Michigan House of Representatives. ... more
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| Legislation on Improvements to Critical Dunes Act Passes House: Bill now heads to the Governor’s Desk for Signature |
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Both the House and Senate met this week to work on a few issues before heading back to the campaign trail. Yesterday, legislation aimed at applying a less subjective approach to critical dune regulation passed the House on a 63-40 vote. The bill is now on its way to the Governor’s desk for signature. ... more
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| MAR Announces Lansing Area Pilot Placemaking Grant Program |
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The Michigan Association of REALTORS® (MAR) has selected Greater Lansing as the host community to kick off the inaugural Lighter Quicker Cheaper Challenge, a pilot program that offers up to $20,000 in grants this summer to help fund low-budget ideas that will make local neighborhoods more attractive and livelier places to call home. ... more
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| Make Plans to Attend the “Rally for Homeownership” in Detroit |
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On Friday, July 20th, The Michigan Association of Homebuilders, in conjunction with the National Association of Homebuilders will hold a “Rally for Homeownership” in Detroit. The free event, which starts with lunch beginning at 11:00am, is aimed to raise awareness of the importance of homeownership and how the housing market plays an integral part in turning Michigan’s economy around. ... more
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| Beware of Rental Scams Posted on Craigslist |
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Consumers and REALTORS® across the country have reported rental listings posted on Craigslist which secure a deposit up front but the property is not a legitimate rental. The posting is simply a way to either get you to send a deposit or to provide your personal information to the scamster who posted the fake listing. This type of scam is designed to make the consumer part with money and/or personal information.
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| New Information regarding the 3.8% tax |
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There has been a bit of misinformation circulating recently regarding a rumored “3.8% sale tax” on all home sales under the federal health care reform bill. The tax is NOT a transfer tax on real estate sales and similar transactions. ... more
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