The way property tax assessments are levied leave accuracy not addressed. Finding areas that reduce assessments allow for thousands of dollars in savings. The National Taxpayers Union has made the observation that as many as 60% of all homeowners are over-assessed.
When you're in the property tax consulting business, you're a detective. By discovering homes that sold for less than the assessed value or your client and challenging those false values you make wrong right. Most homeowners don't have the time or knowledge to challenge their real estate property taxes. The homeowner needs a property tax consultant and this 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.
Many similarities exist when compared to financial planners, doctors, accountants, appraisers and lawyers. All have a broad client base that brings in more business than they can handle by word of mouth when developed. Most people want to save money in their property taxes.
When you sign a client, they agree to a contingency fee based on you winning the case. When you win your client's case and say you save them $2,000 in their tax, you'll see a $2,000 commission spread over 2 or 3 years (however you set it up in your contract). A small upfront fee is also normally charged for a basic analysis.
State and local governments seem to be on a continuous spending spree. National statistics show higher payrolls and budgets across the board. That results in yearly increases in the property tax. The selling proposition falls easily into the property tax consultants lap.
Towns and municipalities routinely conduct a municipal-wide mass appraisal every 7 to 15 years to come up with individual property values. This is called a blanket reassessment.
For the taxing authority to employ an appraiser would be too costly. A mass appraisal is determined by legal and budgetary decisions and each town has its own agenda. The lowest bid wins. The mass appraisers are contracted to view the properties front and back, which is commonly referred to as a walk-around appraisal.
Just consider who performs this appraisal. The observations are put on property record cards and time is limited and errors occur. Often this type of appraisal involves a drive by noting if a change occurred compared to past record cards. Just ask yourself, how much attention is going to be made when only $12 to $20 is spend per property and the high blanket appraiser bidder needs to make a profit for his efforts. Furthermore, the information gathering individuals hired may have questionable 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.
State and local government will likely not curtail their spending habits. Therefore this work at home business will be in high demand long into the future. A goldmine of opportunity exists in this business opportunity.
About the Author:
Get entire control to a bona fide consulting home business package. A entire work from home opportunity turnkey system aiding others with their property taxes and cashing in on real estfrome valufromion declines. http://www.propertytaxconsult.com
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