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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 simple idea to sell making this one of the best home based business opportunities hardly anyone knows 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.
Winning property tax appeals for a client is not difficult and you are rewarded by a large contingency fee. If you save them $2,500 in property taxes your fee will be $2,500 spread over 2 or 3 years. That way the client sees a positive savings from your service. It's a win, win situation.
Nationwide, local and state government statistics show increased hiring's and spending. Government spending is on a upward spiral with little in the way of brakes while private firms are focused on reducing overhead expenses and operating more efficiently to survive. How is government excess paid for? Property tax increases.
State and local governments are in a budget crisis. You would know it when you looked at the payrolls. 338,000 new jobs have been created in the past 12 months. That's far more than the 195,000 jobs in the 12 prior months. Result: many disturbed taxpaying homeowners.
With real estate prices falling, it is easy to find homes that sold for less than your potential clients assessed value. The real estate "sold" listings show an abundance of low-priced comparable homes.
The National Taxpayers Union writes 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.
Considering the over abundance of lower market priced comparable home, property tax consulting is an extremely high paying, easy sell business proposition. The cost to get into this home base business is low and the potential profits high.
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.
Winning property tax appeals for a client is not difficult and you are rewarded by a large contingency fee. If you save them $2,500 in property taxes your fee will be $2,500 spread over 2 or 3 years. That way the client sees a positive savings from your service. It's a win, win situation.
Nationwide, local and state government statistics show increased hiring's and spending. Government spending is on a upward spiral with little in the way of brakes while private firms are focused on reducing overhead expenses and operating more efficiently to survive. How is government excess paid for? Property tax increases.
State and local governments are in a budget crisis. You would know it when you looked at the payrolls. 338,000 new jobs have been created in the past 12 months. That's far more than the 195,000 jobs in the 12 prior months. Result: many disturbed taxpaying homeowners.
With real estate prices falling, it is easy to find homes that sold for less than your potential clients assessed value. The real estate "sold" listings show an abundance of low-priced comparable homes.
The National Taxpayers Union writes 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.
Considering the over abundance of lower market priced comparable home, property tax consulting is an extremely high paying, easy sell business proposition. The cost to get into this home base business is low and the potential profits high.
About the Author:
Property tax consulting is one of the most satisfying home base business you'll encounter. You can still become obsessed by helping people reduce in error high taxes. If you're a fan of the underdog click: http://www.propertytaxconsult.com/
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