Engaging in a property tax appeal for clients can earn you buhsel baskets money. Real estate property taxes are sky high and are not going to go away. When you find areas to contest in the property assessment arena, you and your client win. You'll save your client thousands and you'll earn thousands in contingency fees. This is one of the best home based business opportunities that most have not heard of.
Processing property tax appeals for clients is a recession proof business. No matter what the economic conditions there are always an abundant number of property taxes that are in error.
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.
Government statistics show the state and local government hiring has accelerated in the last 12 months. Meanwhile private firms have slashing staff. Despite the economic slowdown the public-sector jobs gains have actually sped up. Increased property taxes will likely pay the price.
A budget crisis is developing in many state and local governments. Looking at the state government payrolls nationwide 338,000 new jobs have been created in the past 12 months. 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
Real estate is estimated by comparing your client's property with similar sold properties. You'll look in neighborhoods that share similar characteristics of client's house and find sold homes that make your client's home compare for a lesser value.
No matter what the tax assessor says, it's a good idea to cooperate with the tax assessor. It makes no difference what the tax assessor discovers. What counts is the market value you uncover by 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 minimal, the profit horizon great. - 16747
Processing property tax appeals for clients is a recession proof business. No matter what the economic conditions there are always an abundant number of property taxes that are in error.
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.
Government statistics show the state and local government hiring has accelerated in the last 12 months. Meanwhile private firms have slashing staff. Despite the economic slowdown the public-sector jobs gains have actually sped up. Increased property taxes will likely pay the price.
A budget crisis is developing in many state and local governments. Looking at the state government payrolls nationwide 338,000 new jobs have been created in the past 12 months. 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
Real estate is estimated by comparing your client's property with similar sold properties. You'll look in neighborhoods that share similar characteristics of client's house and find sold homes that make your client's home compare for a lesser value.
No matter what the tax assessor says, it's a good idea to cooperate with the tax assessor. It makes no difference what the tax assessor discovers. What counts is the market value you uncover by 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 minimal, the profit horizon great. - 16747
About the Author:
Property tax consulting is one of the exceedingly satisfying home base business you'll encounter. You can still become hooked by helping people reduce unjust high assessments. If you're a fan of the underdog click: http://www.propertytaxconsult.com/
