Big News for Buyers
Sunday, June 22, 2008
If you are thinking of buying a new home and haven't sold your current home, the Title Company can now place a Conditional Rescission of a Principal Residence Exemption on your properties: (PRE). This will provide for both your new home and your previous home, which hasn't yet sold, having the benefit of Homestead Taxes. Your previous home has to be listed with a Broker, non-occupied, not leased and not used for any business or commercial purpose. If you have any questions concerning this new Tax Law, give us a call.
Julia 231 534 600
Linda 231 633 2202