Michigan has just enacted a new savings tax break for private forest lands of as small as 20 acres. Why am I posting this on this forum you ask? While, that is simple, people have second homes and "up north" cabins that have private forest lands nearby. In addition, we know that there are people that have inherited homes up north that may qualify for this tax break. 
Tags: Attorney, Christopher Sevick, Estate Plan, Real Estate, Trust, Will, Ypsilanti, www.SevickLaw.com, Ann Arbor, www.MIEstatePlanBlog.com, www.MIRealEstateBlog.com
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from Inman News on Short Sales. Each week I receive literally dozens of calls or email about short sales and how the caller or writer needs to sell short due to their home being worth less than they owe. Upon further questioning some may qualify due to financial information and should move forward with contacting their lender for a loss mitigation packet, while others are financially able to pay, but feel they shouldn't need to due to the decrease in house value as compared to the mortgage. My final word of advise to all of them is to seek out a well qualified and dedicated Realtor since that is the first requirement that I see frequently as a requirement from lending institutions. 