Property taxes are going through the ceiling. On the other hand, comparing quality of assessments results in loopholes that allow for huge property tax reductions. This results in thousands of dollars of potential savings to homeowners. And, it's a basic need idea to sell making this one of the best home based business opportunities hardly anyone knows of.
In good times or bad times, this home base business will prosper. Not many businesses have that guarantee. There are a huge number of errors in property taxes. When the assessment of a client is wrong, you simply go through the process appealing it.
When you win a property tax appeal you get paid a contingency fee from the client. If you save your client $1,800 you get paid those savings in contingency fees. Generally you spread your fee over 2 or 3 years so the homeowner sees some of the money you saved for them. For everyone, it's a win, win situation.
In almost every state, local and regional government hiring and spending is ratcheting skyward. On the other side, private business has been cutting overhead expenditures to survive. Property tax increases pass the buck for government excess.
State and local governments are facing a mismanaged budget crisis. Large numbers of new jobs have been created in government. Result: many upset taxpaying homeowners.
When real estate prices tumble finding comparable properties that sold for less than the assessed value of your client's house is rather easy. Information resources are full of them.
Giving a quick look to The National Taxpayers Union statistics and you see where they write that as many as 60% of all homeowners are over-assessed and not in line with their home value. ("How To Fight Property Taxes" 2004 p.1
What you need to do in this business is finding the value of residential real estate by comparing your client's property with similar sold properties. You'll look for comparable sales or properties in similar neighborhoods that sold for less than your clients assessment breakdown.
It's a good idea to cooperate with the tax assessor. It makes no difference what the tax assessor finds. What counts is market value. The way to reduce your clients property tax is through comparing recently sold homes.
With recent decreases and abundance in lower-priced comparable home, the business of real estate property tax consulting is a very lucrative home base business proposition indeed! The entry costs are low, the profit opportunity great. - 16890
In good times or bad times, this home base business will prosper. Not many businesses have that guarantee. There are a huge number of errors in property taxes. When the assessment of a client is wrong, you simply go through the process appealing it.
When you win a property tax appeal you get paid a contingency fee from the client. If you save your client $1,800 you get paid those savings in contingency fees. Generally you spread your fee over 2 or 3 years so the homeowner sees some of the money you saved for them. For everyone, it's a win, win situation.
In almost every state, local and regional government hiring and spending is ratcheting skyward. On the other side, private business has been cutting overhead expenditures to survive. Property tax increases pass the buck for government excess.
State and local governments are facing a mismanaged budget crisis. Large numbers of new jobs have been created in government. Result: many upset taxpaying homeowners.
When real estate prices tumble finding comparable properties that sold for less than the assessed value of your client's house is rather easy. Information resources are full of them.
Giving a quick look to The National Taxpayers Union statistics and you see where they write that as many as 60% of all homeowners are over-assessed and not in line with their home value. ("How To Fight Property Taxes" 2004 p.1
What you need to do in this business is finding the value of residential real estate by comparing your client's property with similar sold properties. You'll look for comparable sales or properties in similar neighborhoods that sold for less than your clients assessment breakdown.
It's a good idea to cooperate with the tax assessor. It makes no difference what the tax assessor finds. What counts is market value. The way to reduce your clients property tax is through comparing recently sold homes.
With recent decreases and abundance in lower-priced comparable home, the business of real estate property tax consulting is a very lucrative home base business proposition indeed! The entry costs are low, the profit opportunity great. - 16890
About the Author:
Property tax consulting is one of the most satisfying home base business you'll encounter. You can even become obsessed by helping people reduce in error high assessments. If you're a fan of the underdog click: http://www.propertytaxconsult.com/
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