Home Buying in Rochester>Question Details

Judi Moresi, Home Buyer in Detroit, MI

How are the taxes calculated?

Asked by Judi Moresi, Detroit, MI Sun Apr 11, 2010

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Every year the home is reassessed, with a notice of the assessed value usually coming out in February. The assessed value is multiplied by the local mileage rate to calculate the taxes owed.

There is a link below to the State of Michigan's tax calculator.
0 votes Thank Flag Link Sun Apr 11, 2010
Maureen Fran…, Real Estate Pro in Birmingham, MI
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