Property tax assessment values can be quite arbitrary and loopholes allow for large property tax reductions resulting in thousands of dollars in tax savings. The National Taxpayers Union writes that as many as 60% of all homeowners are over-assessed.
Property tax consulting is about finding discrepancies in property values and challenging false assessments. Since the burden of proof falls on the individual homeowner, few have the time or the know-how to challenge their property taxes effectively. The need for a property tax consultant presents a great work at home opportunity.
Every taxpaying homeowner or property manager is a candidate for this service. Just about anyone you present your service to will want to sign up. All that needs to be done is fill out a few forms proving the assessment reduction and running it through the system will be your road to an fantastic earnings stream.
The property tax consulting business is similar to that of accountants, appraisers, financial planners, doctors and lawyers in that a broad base of clients will bring you more business than you can handle. Just about everyone wants to save money on their property taxes.
If you win a $1,900 tax reduction your contingency fee is normally equal to the tax win. The way to set up your contract is to spread commission over a 2 or 3 year period. Also a small upfront fee can be charged for a basic analysis.
Something seems to have happened to the mind set of state and local governments. They are on a continuous spending binge. Recent national figures show higher payroll figures and larger budgets. This means continuous aggravation to the homeowner taxpayer by passing on large tax increases and makes for an easy selling proposition.
About every 7 to 15 years a town will do a blanket reassessment for the real estate values within their jurisdiction. This mass appraisal is done to line up dollar values with the current market.
The town will not hire an appraiser to do the job of individually assessing the value of a home. It would be too expensive. Mass appraisals are bid on and the lowest bid wins. Usually a walk around and look see is all that takes place in this type of blanket appraisal.
The appraisal done by a blanket appraiser needs a hard look. Observations are recorded on a property record card. Sometimes only a drive by occurs where notes are taken if the property has changed since the last mass appraisal. Ask yourself how much scrutiny can be given to a property when the low bidder needs to make a profit on top of his $15 per home winning bid. Also, the information gathering personal hired may have questionable observation skills.
The homeowner needs help to check the blanket appraisers figure and to account for changes in market values. Because taxpaying homeowners are stressed for time and lack know how they need someone's help.
Government probably will not tighten up their budgets by any large extent and higher taxes will be the norm. This work at home opportunity can be your goldmine.
Property tax consulting is about finding discrepancies in property values and challenging false assessments. Since the burden of proof falls on the individual homeowner, few have the time or the know-how to challenge their property taxes effectively. The need for a property tax consultant presents a great work at home opportunity.
Every taxpaying homeowner or property manager is a candidate for this service. Just about anyone you present your service to will want to sign up. All that needs to be done is fill out a few forms proving the assessment reduction and running it through the system will be your road to an fantastic earnings stream.
The property tax consulting business is similar to that of accountants, appraisers, financial planners, doctors and lawyers in that a broad base of clients will bring you more business than you can handle. Just about everyone wants to save money on their property taxes.
If you win a $1,900 tax reduction your contingency fee is normally equal to the tax win. The way to set up your contract is to spread commission over a 2 or 3 year period. Also a small upfront fee can be charged for a basic analysis.
Something seems to have happened to the mind set of state and local governments. They are on a continuous spending binge. Recent national figures show higher payroll figures and larger budgets. This means continuous aggravation to the homeowner taxpayer by passing on large tax increases and makes for an easy selling proposition.
About every 7 to 15 years a town will do a blanket reassessment for the real estate values within their jurisdiction. This mass appraisal is done to line up dollar values with the current market.
The town will not hire an appraiser to do the job of individually assessing the value of a home. It would be too expensive. Mass appraisals are bid on and the lowest bid wins. Usually a walk around and look see is all that takes place in this type of blanket appraisal.
The appraisal done by a blanket appraiser needs a hard look. Observations are recorded on a property record card. Sometimes only a drive by occurs where notes are taken if the property has changed since the last mass appraisal. Ask yourself how much scrutiny can be given to a property when the low bidder needs to make a profit on top of his $15 per home winning bid. Also, the information gathering personal hired may have questionable observation skills.
The homeowner needs help to check the blanket appraisers figure and to account for changes in market values. Because taxpaying homeowners are stressed for time and lack know how they need someone's help.
Government probably will not tighten up their budgets by any large extent and higher taxes will be the norm. This work at home opportunity can be your goldmine.
About the Author:
Gain complete access to a proven consulting home business system. A complete work at home opportunity turnkey system helping others with their property taxes and cashing in on real estate valuation declines. http://www.propertytaxconsult.com
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