Taxes are paid in advace, so the current taxes are the current taxes.
Ask your agent the following:
1. Are the taxes are homestead or not.
2. Are there any special assesments attached to the taxes.
3. What the current SEV.
Good Luck and call with questions
586 899 9899
To answer your question properly, I would need a bit more information, but I will give you the different scenarios. First of all is the home currently owned by a Private Owner, or is it a foreclosure? If it is Privat e Owned and Homesteaded, chances are the taxes will not come down substantially. The reason I say substantially is because property taxes have been dropping in MIchigan the past few years because of what has happened with Real Estate prices, so taxes will decrease, but not by a large amount.
If the property is a foreclosure, chances are the home is NON Homesteaded, therefore taxes will eventually come down.
Back to the Private Owned scenario, if it is Private Owned and you feel taxes are too high, I would suggest to have a Real Estate agent do the comps in your area, neighborhood, or subdivision, and see what the other homes are selling for, and what the taxes are on those homes. After comparing all of the information, take it with you when Grosse Pointe has there City Hall Tax meetings (call Grosse Pointe City Hall and find out when that is). Request that your taxes be reevaluated and wait for the response a few weeks later.
I can tell you from experience, every town is different, and you will have mixed results, I got rejected last year on most of my properties. If your request is rejected, you do have recourse, you can contact the Michigan Tax Tribunal;
Let me know if you need any more information and I will be glad to help.
You didn't click on the link of the home you're interested in so I'm not sure how the taxes are currently assessed. If they are non-homestead and your buying the home to live in it they will be converted to homestead taxes and come down. If they are currently at the homestead rate and you bought the home you can fight to get the taxes reduced at the tax tribunal. If you need the assistance of a buyers agent I would be happy to assist.
Karen Paytas, GRI, CMS
Real Living Kee Realty