Give your clients an edge on property taxes

When it comes to closing a deal, high property tax woes are more than a nuisance. They are a downright deal breaker in some situations. Your clients expect you to guide them through each step of the buying and selling process, so TurboAppeal is here to help you buff up on some of the most important points to keep in mind when it comes to lowering residential property taxes.

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1. There is an elected official that serves each municipality’s property appraiser, but there is a separate government entity that functions as a way for homeowners and the appraiser to work out their differences on property values.

2. Property appraisers generally raise and lower assessment values arbitrarily across a specific zone. Some municipalities reassess property values annually, and some reassess less frequently.

3. When a homeowner disagrees with their property’s assessment, it is their right to contest the appraiser’s valuation with an appeal- even if it not a reassessment year. Annual appeals help keep the most accurate information of their home on government record.

4. Many municipalities have different levels of the appealing process, so it is crucial to understand each year’s deadlines to appeal.

5. A home’s assessed value directly impacts its property taxes, but not its market value. Make it clear to your clients that by lowering their assessed value, they are not hurting their market value.

6. Lowered property taxes are more than just annual savings- they are a way to strengthen the investment of a home purchase and to soften the impact of future property tax hikes.

7. When appealing property taxes manually, you take on the risk of human error and prejudices when finding the best comparable properties to present in an appeal. Choosing a technology-based service helps homeowners to simply avoid that hurdle.

Make sure that your clients have the information they need to take control of their property taxes from you. By using a no-risk technology-based service, like TurboAppeal, they can rest assured that there are only two outcomes of their appeal: their assessment is lowered or there is no change.

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