Grand Rapids is a beautiful, bustling destination for working families, retirees, young adults, and vacationers that offers a wide array of world-renown art exhibits, sprawling golf courses and recreation centers, farm-to-table restaurants and breweries. The city is Michigan’s second largest city, serving as business headquarters to many multinational companies including Steelcase, Herman Miller, Haworth, Alticor, Meijer, and Zondervan.Weather and Climate
Grand Rapid’s climate is humid continental, meaning that seasonal temperatures vary widely and precipitation is spread fairly evenly throughout the year, with warm, humid summers, cold, snowy winters, and short, [...]
Property taxes are one of the annual expenses that some buyers may not include in their calculations of the total cost of owning a primary residence or vacation home. However, they are a substantial expense and they can vary by several thousand dollars a year depending on your state or local jurisdiction.
The amount of property tax owed depends on the appraised fair market value of the property, as determined by the property tax assessor. Appraisals are conducted annually and reflect changing home values. Property tax liability is calculated by multiplying the nominal property tax rate by the assessment ratio (the percentage of the [...]