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Tag: property taxes

Renting Out Your House Instead of Selling? What Changes in Southeast Oakland County

Four metal house keys hanging on thin wires against a dark gray background

Thinking of renting your Oakland County home instead of selling? Here is what changes: the loss of the principal residence exemption, city rental licenses and fees, and Michigan’s lease and security deposit rules.

Selling a Home in Oakland County? The Fixed Costs Run About 1.3–1.4% Before Commission and Concessions

Small model house with a gray roof and red siding beside a set of house keys on a wooden table

What it costs to sell a home in Oakland County, Michigan in 2026: the 0.86% transfer tax and owner’s title policy run about 1.3-1.4% of the price, worked out on the $383,500 median. Plus commission, concessions, tax prorations and a state transfer tax exemption most sellers never check.

Southeast Oakland County Approved Every Tax Proposal on Nov. 3. Here Is What Changes on Your Bill

Two empty voting booths with VOTE signs and American flags inside a library polling place

Southeast Oakland County voters approved every property-tax proposal on the Nov. 3, 2026 ballot. Most keep bills the same; the new museum millage, Lamphere Schools bond, Lathrup Village library and Bloomfield Township bond add new costs. Unofficial results, in dollars per home.

Still Time for 2026: The Property Tax Relief Oakland County Homeowners Can Claim Before the Year Ends

Light gray two-story house with a covered front porch, dark shutters and a wide lawn, an American flag on a pole and autumn trees behind it

Michigan’s disabled veterans exemption can still erase a home’s entire 2026 property tax bill if filed before Dec. 31, and Oakland County’s December Boards of Review hear poverty exemptions. Who qualifies, local deadlines and what the December board can fix.

The Nov. 1, 2026 Homestead Deadline: Which Oakland County Homeowners Actually Need to Act

White two-story house with a wraparound porch and gray roof, trimmed shrubs and autumn trees behind it

Michigan’s Nov. 1 Principal Residence Exemption deadline matters for some Oakland County owners and not others. Who should file now, which school districts bill school tax in December, and how to recover a missed exemption.

Downsizing in Oakland County? Why a Smaller Home Can Come With a Bigger Property Tax Bill

Single-story red brick ranch house with white shutters, a covered front entry and a green lawn

Many long-time Oakland County owners pay tax on about half of what a new buyer would. Here is why downsizing can raise your property tax bill, a worked Troy example, and where the bill to end uncapping stands.

What the Nov. 3 Millage and Bond Proposals Would Cost Oakland County Homeowners

Two empty voting booths marked VOTE with an American flag, set up at a polling place

Oakland County’s Nov. 3 ballot carries two countywide millages and local bonds in Royal Oak, Birmingham, Bloomfield Township and more. What each would cost per $100,000 of taxable value.

Building or Buying New in Oakland County? Your Property Tax Bill Arrives in Three Steps, Not One

Wood-framed house under construction with roof trusses against a clear blue sky.

Michigan taxes a new house in steps: the lot, whatever is standing on December 31, then the finished home. A worked example at Troy 2025 rates, the escrow jump to plan for, the builder exemption behind a spec home’s low tax bill, and the deadlines that decide what you pay.

Michigan Property Tax Uncapping: What Oakland County Buyers Really Pay After Closing

Two older two-story homes with front porches on a tree-lined residential street in Birmingham, Michigan.

In Michigan the seller’s tax bill is not yours. On the average Oakland County home, taxable value rises about 40% the year after a sale. What it costs on a $383,500 home in Royal Oak and Troy, when the bill arrives, and the three forms that decide it.

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