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Greetings from Michigan Realtors®! View the top 5 news and resources for the month of July:
1. The Michigan Supreme Court Restores State Transfer Tax Exemption
This month, there was good news from the Michigan Supreme Court (“MSC”) for Michigan home sellers whose homes have declined in value since they purchased them. In a welcome decision, the Majority clarified a confusing element of “Exemption (u)” under the State Real Estate Transfer Tax Act (“SRETTA”).
2. Shape Your Future with These Top Speakers
Join fellow Realtors® and industry professionals September 30 – October 2nd in Detroit for the Michigan Realtors® Convention & Expo. The Grand Assembly features founder and chairman of Quicken Loans Inc. and Rock Ventures LLC, Dan Gilbert. Crystal Washington will be the Grand Gathering Keynote along with other notable speakers such as Lynn Madison, Joe Meyer and Kelly White.
Shaping the future…united.
Read Speaker Bios
3. CFPB Finalizes Official Extension of Mortgage Disclosure Rules Effective October 3rd
The Consumer and Financial Protection Bureau (CFPB) has made it official: new mortgage disclosure requirements will be effective October 3rd. The rule requires easier-to-use mortgage disclosure forms that clearly lay out the terms of a mortgage for a homebuyer.
4. Imagine Yourself in a Pit Road Suite at Michigan International Speedway
Consumers Energy invites Michigan Realtors® members to enter the On Track to a Greener Michigan promotion. This unique offer celebrates our renewable energy programs – like Solar Gardens and Green Generation -- and is open to all Consumers Energy business electric customers.
The VIP Racing Experience Prizes will put three winning businesses in a private suite at MIS for one day each during the August 14-16, 2015, NASCAR® race weekend. Prizes include:
Go to ConsumersEnergy.com/MIS to view contest rules and to submit entry.
Entry period: July 22 through August 6, 2015.
Winners randomly selected on August 7, 2015.
5. UPS Discounted Shipping
Don’t forget, as a Michigan Realtor® you can save big every day with UPS. Through our partnership with UPS, you have exclusive access to the UPS Savings Program, which provides Michigan Realtors® up to a 28% discount on UPS shipping.
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