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.
Just about any property owner or manager is a possible candidate for your work at home service. Just about everyone will want to sign up. Then you'll present an initial report to your prospect to show the potential tax savings in black and white and as you follow through begin your way to earning an amazing income.
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.
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.
Across the board, state and local government cannot seem to rein in spending. Higher payrolls and budgets mean yearly tax increases. Aggravated homeowners don't need too much a nudge to become clients.
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.
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.
Consider who's doing the re-appraisal. The mass appraisal process provides valuation, although quickly obtained, on forms that become transferred to your property record card. To the person measuring your home, time is of the essence and errors occur. Sometimes the appraisal process involves merely driving by to note if there are any changes (called a "windshield appraisal"). Ask yourself, how much attention was given to a property if less than $15 or $20 was allocated per appraisal less the profit the bidder intends to earn from his winning bid. The people employed to gather the information (hired by a mass appraisal contractor tying to make a profit) are on a quota, have questionable appraisal skills and are not a substitute for careful analysis.
Help is sorely needed to check up on the mass appraisers judgment. Also recent changes in market conditions need to be accounted for. Since homeowners don't know how and are too stressed time wise to make a property tax appeal they welcome someone to help them with their property taxes.
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.
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.
Just about any property owner or manager is a possible candidate for your work at home service. Just about everyone will want to sign up. Then you'll present an initial report to your prospect to show the potential tax savings in black and white and as you follow through begin your way to earning an amazing income.
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.
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.
Across the board, state and local government cannot seem to rein in spending. Higher payrolls and budgets mean yearly tax increases. Aggravated homeowners don't need too much a nudge to become clients.
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.
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.
Consider who's doing the re-appraisal. The mass appraisal process provides valuation, although quickly obtained, on forms that become transferred to your property record card. To the person measuring your home, time is of the essence and errors occur. Sometimes the appraisal process involves merely driving by to note if there are any changes (called a "windshield appraisal"). Ask yourself, how much attention was given to a property if less than $15 or $20 was allocated per appraisal less the profit the bidder intends to earn from his winning bid. The people employed to gather the information (hired by a mass appraisal contractor tying to make a profit) are on a quota, have questionable appraisal skills and are not a substitute for careful analysis.
Help is sorely needed to check up on the mass appraisers judgment. Also recent changes in market conditions need to be accounted for. Since homeowners don't know how and are too stressed time wise to make a property tax appeal they welcome someone to help them with their property taxes.
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:
Get entrance to a great home consulting business. An entire property tax business working from an all-encompassing system helping others over-taxed on their homes. Achieving justice for businesses and households is based on finding fair market value. Property tax consulting is a noble enterprise.
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