Because of blanket real estate assessments, property tax over-assessments exist everywhere! The fact of someone hurried and flying through a neighborhood rendering an opinion of value for a property tax assessment can be wrong! Consider the limited amount of time spent on a blanket-based assessment. All too often previous assessments are simply rolled over. Even […]
Category Archives: Home Valuation
An appraisal is an opinion of value, an estimate of worth. The Federal National Mortgage (FNMA) states, “Market value is the most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale,(whereby) the buyer and seller, each (are) acting prudently, knowledgeable and assuming the price is not affected by undue stimulus.”
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Aug
Aug
It seems property taxes will eventually rise to keep the escapade going. Government jobs, payrolls – all depend on that. That the need for property tax appeal consulting course training given the 50%+ over-assessment factor in the U.S. Where I grew up, property taxes were miniscule. But over time, the over-budgeting to the elected/police/internal structures/educational/medical/social […]
07
Aug
Aug
Property Tax Appeal Course For Residential and Commercial Business: Appeal For Yourself And/Or Help Clients Appeal High Tax Over-Assessments
An ever-green business earns money and thrives in good times or bad. That’s the type of business is exemplified in the helping others as a Property Tax Consultant business niche. Let me explain. In good times statistics suggest a 40% plus over-assessment practice. When economic times get bad as in a recession or depression, there […]
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Jul
Jul
Assessor sales ratio gives an unannounced price to the viewer. Most people when they see a low assessment think, “wow, so I’m gaming the system when they town thinks my home is worth so little.” Little do they know the game!
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Jul
Jul
There is a needed financial services business aimed at residential and commercial business clients when it comes to excessive property tax assessments. Until artificial intelligence avails itself to home inspection, perhaps in 20 years give or take, the need for oversight when it comes to property tax assessments for residential and commercial business properties is […]
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Jun
Jun
Right at this very moment there’s a golden opportunity that’s happening. I’m talking about property tax appeals. Unless one gets into the system and files a property tax appeal, NO reduction in property taxes will happen for residential properties or business owners whose incomes suffered. Unfortunately, most do not have the knowledge or have time […]
Living next to high tension electric towers, signal amplifiers, cell phone towers and other EMR emitting devices near a home need to be alert. A Palo Alto community cited a 20% drop in property values in other communities that were in the area of a cell tower. Here is an excellent study in The Appraisal Journal that shows cell […]
Why Are My Property Taxes So High? Taxes on our residential or commercial property may not be in line with actual market value. Neighborhoods differ, locations differ, fundamental neighborhood differences may not have been accounted for and dozesn of other factors may not have been taken into consideration. Taking into consideration there is a 30% […]
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Jan
Jan
What does it mean when you get a notice about an upcoming property tax re-appraisal? Every number of years, when property values on a town’s record keeping tax role seem to get out of line, a municipal-wide appraisal is made. It’s called a mass appraisal and usually is done every 7 to 15 years. Mass […]