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Real estate property taxes are sky-high and increasing. When you scrutinize the quality of the property assessment, you’ll likely find a huge loophole. When you engage in a property tax appeal for a client you can save your client thousands of dollars and realize thousands of dollars commissions for yourself in contingency fees.

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, 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 while private firms are reducing overhead expenses and operating more efficiently. 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 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

The value of residential real estate is estimated by comparing the subject with similar properties that have been sold recently. Look at your neighborhood to find comparable sales or properties in similar neighborhoods that share similar characteristics of lifestyles, income level of residents, surroundings, average age and value of house.

No matter what the tax assessor says, it?s a good idea to cooperate with the tax assessor. It makes no difference what the tax assessor discovers. What matters is market value you uncover by comparing recently sold homes.

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 potential great.