Very likely — and this is important to understand.
Under Michigan’s Proposal A rules, taxable value growth is capped while someone owns the home. When a property transfers, that taxable value can reset closer to current assessed value. That often means a higher tax bill for the new owner.
The key is preparation, not panic.
Michael Coffindaffer factors this into conversations early. Rather than guessing, he models realistic post-purchase tax scenarios so buyers understand their long-term monthly picture.
In one recent transaction, this analysis prevented a buyer from stretching beyond a comfortable payment range.
Stylish Turf clients move forward confidently because the numbers are reviewed in advance.
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www.michaelcoffindaffer.com/blog-wells
Thoughtful decisions begin with informed perspective.