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7451 Crystal View
4 Bedrooms ~ 3.5 Bathrooms ~ 2,600 Sq. Feet
This beautiful home has been remodeled from top to bottom. The kitchen and eating area features new cherry cabinets and elegant granite countertops as well as environmentally friendly bamboo flooring. The house has new carpet and fresh paint throughout. . The second floor master suite has cathedral ceilings and French doors opening up to the huge master bathroom, featuring a whirlpool tub, separate tiled shower, refinished cabinets and large walk-in closet. If you still need more room, the basement has already been studded for another bedroom, full bathroom, rec room, and media room. With a full price offer, the seller will complete the drywall in the basement. You can also pick out a range hood and backsplash at the seller’s expense!
Check out our new Lowell Condo!
Lowell’s newest Downtown Condo Project is a trendy little haven tucked away from the bustle of city life. With 1,368 square feet you have plenty of room to spread out. Everything has been metrically picked out for the person that wants style and function. This condo includes 13 foot ceilings, wrap around kitchen, hardwood floors, and original brick to make this condo one of a kind. The unit is currently under a year lease, but is still available for purchase under an appraised value.
Check out its article in the Buyers Guide!
Misconception #6: FHA or VA has inspected the house and/or the appraisal will cover me.
“Absolutely not. While having FHA or VA do an inspection on your home is useful and they likely call out a number of concerns, this is far from a complete inspection. In fact, the bottom line is that these inspectors are working to protect FHA or VA and not you.
“On top of that, these inspections are only about 30 minutes to an hour long at best – and 30 minutes is pushing it. A real inspection that has your best interest at heart is going to take significantly longer. It is unusual for an inspection to take less than 2 hours on smaller homes and many inspections have been known to take longer, depending on the size of the home.
“The thought of the appraisal taking the place of the inspection scares the appraiser as much as it should scare you. The appraisal is designed to determine the value of the home for the mortgage company. The mortgage company simply wants to know if what they are loaning on the house is reasonable. It is not designed at all to pick up the condition of the house, even though some times, if there is a major concern, the appraiser will bring it to everyone’s attention. However, this is hardly an inspection, and every appraiser will be glad to tell you so. Unfortunately, you rarely see the appraiser and you are lucky if you receive his report until you go to closing.
Property taxes tend to adjust a lot in the first year or two of you purchasing your home. This tends to happen because the local assessor’s office is now aware of the true value of the home. The home may have been well under assessed if the seller of the property owned the home for several years.
Here is how you can tell if you are paying the right amount of property taxes. In January 2008 you should receive a statement from your assessor’s office that looks like this. I have included an example that should help you recognize the form I am describing.
To figure out how accurate your assessment is, you must take the taxable value times two. This is not a perfect test, but it will get you very close to paying the correct amount of property taxes. When you take the taxable value times two and the amount you come up with is much higher than your home is worth you should act immediately.
Disputing your taxable value to the local assessor’s office usually requires immediate action. In the City of Grand Rapids, the assessment form is sent some time in January, and the dispute form has to be delivered to their office by the middle of February. Time is of the essence with most assessors’ offices. Your best bet is to contact your local assessor’s office immediately if you would like to dispute your taxable value and ask them what is the easiest and most efficient way to go about getting this corrected.
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