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Real Home Base Business - Process Property Tax Appeals! |
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Written by Donna Feduchadrammer
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Thursday, 25 September 2008 09:49 |
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Engaging in a property tax appeal for clients can earn you boat loads 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.
by DonnaFeduchadrammer
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.
A home base business that specializes in homeowner property tax reduction is one of the few businesses that will proper in good times and even better in bad times. And when assessments are out of whack, you appeal that property tax!
You get paid when you win a property tax reduction for a client. If you save your client $2,000, you get paid $2,000 generally over 2 or 3 years, however you set the terms. And winning is easy. It's a win, win situation for everyone.
Nationwide, local and state government statistics show increased hiring's and spending. Government spending is on a tear 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 disgruntled 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
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.
Cooperate with the tax assessor since it makes no difference what the tax assessor finds. What counts is market value you determine by comparing recently sold home.
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.
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