Home Base Business Opportunity – 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 easy idea 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.

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.

In almost every state, local and regional government hiring and spending is accelerating. On the other side, private business has been cutting overhead expenditures to survive. Property tax increases pay for government excess.

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 disturbed 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.

It’s a good idea to cooperate with the tax assessor. It makes no difference what the tax assessor finds. What counts is market value. The way to reduce your clients property tax is through comparing recently sold homes.

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.

This is one of the best home based business advantages in todays market. In a market with virtually no competition, this work from home business can lead to a 6-figure income.