Lowering residential property taxes.
Posted in the Maui County Forum
#1 Jun 2, 2008
The recent downturn in the housing market has created a discrepancy with a properties actual market value and its assessed taxable value. In response to this market condition Property Tax Experts was formed to provide a resource of information and advice to homeowners.
It is estimated that over 60% of homes in America are over assessed and as home values continue to drop that figure will grow.
Property Tax Experts growth is based on the experience of its affiliated real estate professional base. Most have over 10 years experience and all are licensed and regulated by a state agency. This experience and market knowledge is important to homeowners when evaluating and disputing an assessment value.
The organizations founder, Ryan Richmond commented,“ commercial property managers have their assessment values analyzed every year to keep costs down and ensure the they are paying their fair share of tax. Residential property owners rarely take notice of their assessment and with the housing market appreciating for so long it was never a consideration.”
The company and its flagship website, LowTaxRate.com were created to help owners react to the never before seen decline in the market and ensure a checks and balance system with the taxpayer and the taxman.
LowTaxRate.com offers information for homeowners to go at it alone with their assessment appeal or several counties have “Property Tax Experts” to assist with the dispute process. As the process can sometimes be complicated the company will give a free opinion of a homes taxable value and recommend or advise against a tax assessment appeal.
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