Filling out paperwork and jumping through legal hoops in order to get a tax appeal are routine tortures endured by most anyone who has ever attempted to appeal a tax assessment on their own.
So, when someone offers, for a tiny fee, to do all the legwork for you, you can bet many homeowners will be enticed.
A company called ValueAppeal offers to handle an appeal for you start-to-finish for only $99.00. A paltry sum considering the (potentially) thousands of dollars you could save in property taxes using their service.
Is it worth the money?
While their $99 fee is a fraction of what you could expect to pay a tax attorney or appraiser, there is no real proof ValueAppeal actually provides homeowners with the lowest possible reduction of their assessment. To date, no one has used both a lawyer or an appraiser and ValueAppeal and compared the differences in the final assessment. And you can bet an attorney wouldn’t be willing to settle for something less in a reduction than what he or she felt the homeowner deserved.
So while $99.00 might seem worth a gamble to some homeowners, without an on-site appraisal and some legal muscle, how much money they may actually be leaving behind on the table is something they may never know.
From Moneyland:
New Britain officials challenged the accuracy of the information in the letters ValueAppeal purportedly sent to local property owners. The letters represented that their properties were over-assessed, calculated the amount of
……More at Attorney General seeks info from Value Appeal after company …
