Terrific Home Base Business - Property Tax Consulting!
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 proposition 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.
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.
State and local governments are facing a mismanaged budget crisis. Large numbers of new jobs have been created in government. Result: many angry taxpaying homeowners.
With the fall in real estate prices, it pays to scan the horizon to see if a potential clients home valuation compares to the assessed price the tax assessor placed on it. All one needs to do compare recently sold 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.
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 low, the profit horizon great.

