• If your property is your home, or principle residence, ensure you have claimed a “Principle Residence Exemption” on your income tax. • If you didn’t file an income tax return, you may be eligible for a Homestead Property Tax Credit from the state. • If you meet the eligibility requirements, you may claim a poverty exemption. • If you meet the eligibility requirements, you may also claim a hardship extension, giving you more time to pay your back taxes without losing your property.
Example: MICHIGAN DELINQUENT PROPERTY TAX TIMELINE AX TIMELINE
Current Year January 1 to December 31: r 31:During this time, your property taxes are made payable to your local city, village, or township government. Pay now to avoid nasty interest and penalties! 1st Year of Delinquency, March 1: On March 1, your taxes officially become “delinquent” and due to the County Treasurer’s Office. A 4% administration fee is added, along with 1% interest per month. 1st Year of Delinquency, October 1: A $15 fee is added to your delinquency. 1st Year of Delinquency, November 1: Your property is added to preliminary forfeiture list. 2nd Year of Delinquency, February 1: Mortgage lenders and banks may be notified of the delinquency.
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