| Transfer Tax To Be Assessed Against Fannie Mae And Freddie Mac |
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The Michigan Department of Treasury was asked by certain registers of deeds whether particular entities, such as Fannie Mae, were subject to the county and state real estate transfer tax. On October 4, 2011, Treasury advised the Emmet County Register of Deeds that the answer was yes – Fannie Mae and Freddie Mac, as sellers of real estate in Michigan, must pay county and state transfer tax. ... more
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| Governor Snyder Addresses Sold Out Commercial Crowd |
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Governor Rick Snyder addressed more than 325 Commercial REALTORS® in Dearborn on Monday, October 17th, providing a snapshot of his Administration’s progress to date and highlighting the elimination of the Michigan Business Tax. The Governor also reiterated his intentions of exploring a potential elimination of the Personal Property Tax and his support of Placemaking, viewed by the Governor as one of the key tools that helps Michigan compete on the global level in bringing new people and investments to our state.
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| MAR Convention & Expo Raises Numbers |
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Thank you to all of the attendees, sponsors, exhibitors and participants of MAR's 2011 Convention & Expo at the Amway Grand & DeVos Place in Grand Rapids last week. With over 900 in attendance, up 5% from 2010, this event featured several new and returning events this year we hope you found valuable.
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| Lawrence Yun: A Return to “Normal” Underwriting Standards Would Spur Sales |
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Michigan Association of REALTORS® members already know the results of our slow economic recovery - tepid real estate sales. But the reasons for this predicament are many and interrelated, said Lawrence Yun, Chief Economist for NAR, at a recent presentation to local and state association leaders from across the country.
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| Fair Housing Advocate and REALTOR® Friend John Obee Awarded 2011 Fair Housing Leadership Award |
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Detroit attorney and fair housing advocate, John Obee, is the recipient of the 2011 Fair Housing Leadership Award, presented by the Fair Housing Center of Metropolitan Detroit (FHCMD). Obee was honored by REALTORS®, REALTOR® Association executives and friends at the 14th Fair Housing Leadership Award reception, held September 21st at the beautiful Charfoos & Christensen law firm in the renovated historic Hecker-Smiley Mansion on Woodward Avenue in Detroit.
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| Federal Advocacy Initiatives Come Home to Michigan |
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The NAR Home Ownership Matters Bus Tour made stops last month in Grand Rapids and Kalamazoo. While REALTORS® understand the importance of pushing policy that will realize a strong market, this bus tour is bringing public attention to our top federal issues and helping provide more understanding of these policies to our elected officials.
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| Highlights of the RPAC Recognition Breakfast; Chief Justice Young, RAP Award presentation |
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The annual RPAC Recognition Breakfast will once again be a major highlight during the Annual MAR Convention. The breakfast is a ticket-only event where RPAC investors of $100 or more are recognized for their contribution and involvement in RPAC on the local, state and federal level. The breakfast aims to acknowledge the efforts of RPAC investors who provide an active voice for the entire REALTOR® community.
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| Legislature Back In Session Next Week: REALTOR® Initiatives on Legislative Agenda |
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The legislature will be back in full swing next week after the summer break allowed elected officials to spend time in their home districts. Government reforms still top the legislative agendas in both the House and Senate; however, the MAR is pleased that some of our industry issues will be brought up this fall as well. ... more
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| MAR 2012 Director Election – Online Voting Polls Open August 31st |
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Starting Wednesday, August 31st, REALTORS® in Congressional districts 2, 3, 5, 7, 8, 10, 12, and 13 have the opportunity to vote for their MAR director, who will serve as a representative on the MAR board of directors. This is a One REALTOR® One Vote election. Plurality wins.
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| Consumers Energy Offers Cash Rebates for Energy Efficiency Upgrades for Multifamily Properties |
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Consumers Energy offers multifamily property owners free installation of energy and water efficient products in individual living units, and free assessment of the lighting, heating, cooling and water heating systems in common areas.
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