October 26, 2007
Property Tax Reduction
Runaway spending is cannibalizing the working man. Politicians don’t give voter a bill for what they propose or intend to propose and the voters think that if it’s from the government it’s free. State sales taxes get passed to taxpayer and the insidious property tax keeps many a workingman poor.
One of the remedies in the wake of declining real estate values is to look for lower priced comparable homes to you own and to appeal your property taxes. Many of the property tax appeals average 20-30 percent reduction in taxes. Seeking a property tax reduction is not as hard as it looks. A successful appeal is well worth the effort. Left unchecked and unchallenged the authorities will simply continue to tax your property at the higher amount. Go to http://www. propertytaxax.com for cheap do-it-yourself kit to win your appeal.
There are many areas to look into besides finding lower comparables. The condition of your home may have deteriorated with time and many costly items may need replacing like the roof. Simple depreciation tables will allow you to make adjustments. There may be errors in calculations that need addressing plus a host of areas to look into. We give you all these categories to look into when you sign up for our newsletter.
Existing home sales have fallen to a record low and continue to sink. It’s the lowest since the National Association of Realtors began tracking the data. Single-family homes sales fell to a 90-year low. Prices are falling and the supply of homes is at an all time high. You should have no problem finding good comparables.
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