Good article on assessments going up as values fall

The article linked above from the Detroit Free Press is a good introduction to the nutty real estate tax situation we face now in Michigan with values falling, but some assessments rising.

Negotiating tactic to look out for if you negotiate with a lender buying a foreclosure

We've seen a new tactic on a couple Ann Arbor negotiations when we've been helping buyers buy foreclosures from out-of-state lenders.

We are thinking we'll start to see this in our Canton area negotiations also.

Click the link above for the story.