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Why Grand Rapids Sees Beneficial Credit Repair Services

We’ll be ridiculously honest that even in our great city on the river, many residents here suffer from serious credit repair problems. Scammers are out there (so says Sherlock Holmes, right?). Sometimes the cost is too much just to get that credit score up. What can a Grand Rapids resident do to solve the problem, so he or she can get into a home with zero money down and a decent mortgage payment? Well, the BBB A-rated H.O.P.E. Program has the answer, having worked with the likes of Lexington Law for so long!

Enter Independent Credit Solutions: A New Service for Credit Repair

It was recently announced in a press release that this new service was recently launched, throwing in their hat in the credit repair market: Independent Credit Solutions, their own brand of credit repair, and wow it’s making waves all over social media, through the HOPE Program’s own blog even, and through sites like OWNWITHHOPE and the Complete Real Estate Site. The word is spreading. And hopefully Grand Rapids, Michigan, will hear it loud and clear.

The fact is this: credit repair’s essential to the prospective homeowner. Even if you’re renting, or considering a rent-to-own, you’re going to want to enroll in that DIY credit repair — because the better your credit score, the faster you get into that ideal dream home.

The Answer Is Obvious: Enroll in ICS Right Now

You can fill out your information, in fact, right here with Independent Credit Solutions — the unique service empowering all prospective homeowners with the resources necessary to improve their credit. Credit repair’s only an open door away. You don’t even have to open any doors at all. ICS has all the doors open for you thanks to their new division of credit repair. Get started right now and don’t hesitate.

Your GR Property Taxes Will Pay for More Than Just Your Own House

July 7, 2015 / wpadmin / 1 Comment

Let me rephrase — those GR property taxes you’ll be paying very soon here will contribute to a whole lot more than just your own city taxes for your own property. We’re talking about the entire concept of property taxes, so while the millage, as has been figured, may go down slightly, since values are going up everywhere, and tourism starts to increase here in Grand Rapids, Michigan, be prepared for your property taxes to go a much longer way than your front yard and sewer system in the neighborhood! GR property taxes library

Proposed City Budget Revenue for GR Property Taxes: $37.8MM

That’s a lot of money. Tax rates will include 2.857 mills for general operations. That can include all city services we may not even pay much attention to. Your taxes, however, will keep them going. 2.4533 of the mills you’ll be paying in taxes will go to the Grand Rapids Public Library, another 1.6 mills will go to your trash services, another 1.25 mills will go to capital improvements in the city, and another .98 mills will go to all the parks you take your kids to.

When you break it down like that, it seems worth it to pay those GR property taxes! So instead of paying $413.09 in city property tax, you’ll be paying $422.26. Just under ten bucks. Nothing much to scream about, but when you add it all up together — include every faithful Grand Rapids, MI, taxpayer — that’s a great deal of money to go into all sorts of advancements our city will need,

Just Bear That in Mind

Paying taxes doesn’t have to be bad! It’s actually a good thing. But it’s even better to just be prepared and stick with Grand Rapids Property Values and be in the know about what to expect when it comes to your home’s value as well as your property investments. Honestly looks pretty good, and we can only expect a bright future for Grand Rapids’ real estate economy.

Not Property Tax Rate, But Property Tax VALUE in GR, MI

July 7, 2015 / wpadmin / 1 Comment

We know you’re probably sulking just a bit over the fact that you just might have to pay a little extra in property taxes in Grand Rapids, Michigan, and we feel your pain. But take note — there’s a silver lining at the end of this tunnel! Rain clouds, be gone, because we’re seeing some sunshine today in our city of Grand Rapids, Michigan. You just have to look at the situation in a different light.

Think Home Selling When It Comes to Property Tax Value

Because the property value all across the city’s starting to increase, which is a truly welcome development given the fact that the past several years saw a major decline (bad for the real estate market as a whole), yes, we’ll see just about every Grand Rapids homeowner pay an extra $9.17 in city property taxes. Nothing to scream at, and we can deal with it, but the bonus is this — the market will be ripe for a home seller’s advantage, meaning big bucks all because the assessed value says so.

So the property tax rate might go down just a tad, but overall because the property tax value is going up, we can expect for our homes to be of more value, our land will be more of a hot commodity than ever before. We can sell our homes for a bit more. The comparables will testify to that. Neighborhoods will flourish. Home improvements will make their way to additionally increase the value.

It Was a Long Time Coming

Grand Rapids, Michigan, saw the slump in a big way with respect to the real estate market. But it’s now time for a change. It’s time for growth. Success. An increase in home sales and happy faces. And it’s definitely worth it to pay close to just a measly ten bucks to make that happen.

Translating Taxable Value of a Grand Rapids, MI, Home

July 7, 2015 / wpadmin / 1 Comment

No, you don’t have to be a genius mathematician to figure this out (that’s what this website is for, actually). Truthfully, Grand Rapids, MI, property values isn’t that hard (but certainly plenty out there make it a lot more complex than it should be!). In regards to the latest news about property values for, for instance, your Grand Rapids, MI, home, you’d think that the lower millage rate we heard about would actually be maybe even a slight benefit to homeowners. But it’s not. Want to know why?

Taxable Value Does Change When It Comes to Property

Case in point: if property values remained the same year after year, lower millage rates would definitely see a decrease in city property taxes. For sure. About 1.4 cents, to be exact. But that’s not the case here in the everyday Grand Rapids, MI, home, for instance.

Property values change every year one way or another. This can take a lower millage rate and turn the taxable value into something completely different. As it stands right now, with this lower millage rate proposed for every Grand Rapids, MI, home, taxable value per home having seen an increase from $45,138 to $46,141 in this past year won’t really drop the property taxes at all.

It will, in fact, raise it just a bit for every single Grand Rapids, MI, home.

Think of It This Way: Property Values Go Up, Tax Rates Go Down, But Accumulate Much More

It’s basic math. But there’s a balance, and people have to be on top of the changes like psychics on a hotline. It’s about prediction. Weather patterns. Knowing when the storm’s about to hit. The real estate market with respect to property values is a tricky little industry, but if you know what’s going to happen, when it’s going to happen, and what will happen when it happens, we can safely say you’ll be prepared!

How the Millage Rate Affects the GR Property Value

July 7, 2015 / wpadmin / 3 Comments

A little bit goes a long way: that’s what we want you to remember when considering something called the “millage rate.” What is the millage rate? Simply put, it’s a property tax rate defined by the tenths of a cent applied to assessed property value. Might not seem like much, but when you add it all together, that’s something every GR homeowner, home buyer, or home seller would very much like to know….

It Makes for a Drastic Change in the GR Property Value

What’s going to happen to the GR property value starting this July is a slight dip in the property tax rate. Yes, it sounds like a good thing but not when you have a particular relationship going on with the millage (the actual tax rate per tenths of a cent) and the actual property value. And here’s the great thing about Grand Rapids these days: the GR property value all around is actually going up. Great for the market, but not so good for actual tax dollars even if the tax rate drops a bit.

This is what it’s going to look like very soon: we’re going to see a drop from 9.1518 mills to 9.1515 mills. That’s .0003 mills per $1K in property value. The reason why the millage is dropping (hence the property tax rate per homeowner will be dropping just a tad) is because the actual property value is going up. It’s all about balance.

This ensures the city’s subsidy to the convention and visitors bureau sits at a steady $50K. Look at it like a scale, for instance. Both sides need to be even. If overall GR property value starts to climb, Grand Rapids will ultimately have to see that the millage rate goes down.

And the Millage Rate Doesn’t Have to Go Down a Whole Lot!

That scale can crash and burn just from one ounce of an ounce of a feather landing on one side, so when you think about it, the real estate market is very much like a balance. Keep it steady, and everything’s good in the GR economy (which is impossible). One side starts to fluctuate, and you have to compensate (and it’ll certainly ruffle up the industry some, but that’s normal!).

4 Reasons Why the Lower GR Property Tax Rate Will Cost Homeowners so Much More

July 7, 2015 / wpadmin / 4 Comments

In all fairness, Grand Rapids, MI, homeowners won’t be clawing at the walls for a way out of this, but it’s good to know that the GR property tax rate will indeed dip just a bit based on the proposed budget for the new fiscal year beginning this July. You’d think that would be a good thing — funny, that real estate can be fickle and unexpected at times, especially in our great city of Grand Rapids, but the fact is this:

Some landowners actually might have to pay more!

Why Will the Lower GR Property Tax Rate Do That?

The fact is there are some landowners out there that paid more in taxes due to the GR property tax rate GR property tax rate Euchre increasing from last year. Because of that, city property taxes for the everyday GR homeowner might go up by just over 9 bucks this year, and here’s why:

Keep a Close Eye on the Millage Rate, for One Thing — Why is that? What does the millage rate have to do with anything? Quite a bit, actually.
Property Value Differences Matter Year-to-Year — We wouldn’t be having this discussion if property values stayed the same each and every year. Let’s just put it that way.
Focus Not on the GR Property Tax Rate, But the GR Property Value — There’s a big difference. Check out why, right here.
There Will Be More to That GR Property Tax Rate Than We Think…. — Think schools, the county, public transit and other tax entities. So expect to pay more in property taxes even if the rate itself dipped just a bit.

Yes, It Sounds Crazy — Like Euchre Does to a Southerner

Bowers this, bowers that. Crazy card game. Real estate, though, isn’t that much different, but with Grand Rapids Property Values helping you along the way, you just might master this strategy of strategic financial planning based on property values in Grand Rapids, Michigan.

Know what you could be facing down the road. And you’ll be better prepared for the future.