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ANN ARBOR REAL ESTATE FOR SALE

Tuesday, April 3, 2012
by Tom Stachler,ABR,CDPE - Group One Realty Team

Spring is Here and Ann Arbor Real Estate Market is Active

Click Here to View all MLS Listings

Click Here for Tom's Spring Newsletter

Click Here to Win Dinner for Two at Weber's Inn

Tom's Resources, Contractor Discounts and More Ann Arbor Real Estate Savings Here

Get References for Any Ann Arbor Real Estate Broker by Clicking Here

Remember we are the most recommended Buyer Representative in the Saline and Ann Arbor Michigan Area.  Stop by and Visit our Website anytime by Clicking here.

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Would you like Two Principal Residence Exemptions?

Saturday, December 19, 2009
by Group One Realty Team - Real Estate One

Principal Residence Exemption

Sellers who have taken advantage of the opportunity to retain two principal residence exemptions must file Form 4640 by December 31.

Legislation (signed in 2008) enables that the seller can retain an additional exemption for up to three years on property previously exempt as the owner's principal residence if the following criteria are met:

  • the property is not occupied
  • the property is for sale
  • the property is not leased or available for Lease
  • the property is not used for any business or commercial purpose.

For your convenience, a copy of Form 4640 is available at link to the form on the Michigan Government website.

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