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To sell in Michigan, you need to have a resale number. This is obtained from the state. Then you need a business license or seller's permit, usually obtained from your local county or city.

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To sell in Michigan, you need to have a resale number. This is obtained from the state. Then you need a business license or seller's permit, usually obtained from your local county or city.

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A seller's permit gives a business owner the right to collect sales tax on retail products or services sold inside the state in which it was issued. Periodically, they are obligated to forward this tax onward to the state. People with more than one business need to register each one with its own seller's permit.

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Assuming when you wrote 6, you meant 6%. It means the seller can contribute up to 6% of the sale price of the home towards your closing costs and pre-paids.

Pre-Paids are property taxes and insurance, usually paid into an escrow account required by the lender.

Example - if the agreed sales price is 200,000, then the max seller concessions can be 12,000.

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The possessive form of "seller" is "seller's."

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The possessive form of "seller" is "seller's."

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