Title and Escrow Services Throughout Michigan and Illinois
Did you know that the State of Michigan Treasurer’s office has an exemption that would allow some homeowners to sell their homes without paying the State Transfer Tax?
The exemption is meant for owner occupied, homestead properties where the current SEV is either the same or lower than the original SEV.
Check with your local taxing authority to find out if your seller meets the requirements.
You could save your seller a lot of money. People remember things like that.