Sicklerville Short Sales & Sicklerville Loan Modification Help Headline Animator

Showing posts with label Buying Real Estate. Show all posts
Showing posts with label Buying Real Estate. Show all posts

Monday, February 2, 2009

How to Reduce Real Estate Taxes

Real Estate Taxes Appeal and Win !

Appeal Today Save hundreds or thousands Each Year After
It's Easy When you know How!
During uncertain economic times such as what were are experiencing now, the effort of appealing a property tax bill may prove well worth the time and effort involved.


Most people are intimidated to "fight city hall" but the fact is it's easier than you may think with proper information. Yes you can hire an attorney, the cost is around $1000 and more and even they will hire an appraiser to do most of the work anyway. There are companies that do it for a percentage of your savings... So if you save $1200 you pay them $600 depending on the agreed terms. You can hire an appraiser, but in most states if you hire an appraiser you also have to have them come to your hearing... So that process is about $600-$900. OR you can do it yourself in about 2 hours. Some realtors charge a small fee to compile comparables and others don't. The hearing is a very informal... You really want to try and discuss your case of tax reduction with the assessor at his office first. But usually that will be like beating a dead horse, but armed with organized data you could influence a change. Don't be fooled by the nice person behind the counter in your local office or the tax assessor. They are not personally attacking you, their job is to not destroy the tax base. While the majority of us are not appealing property taxes, the assessor's job is made easier by you just allowing them to charge you year after year the same amount. It's up to you to prove your home's value. Oh and when was the last time your property taxes were reduced? I have successfully fought my taxes on my properties for over 20 years and I now use an organizational system that makes it easier than I could ever imagine.
No Matter What State You Live in there is an Opportunity To Lower Your Taxes Now, But Your Window is Closing. About 2 hours of work could save you Thousands of Dollars, year after year after year. You will receive your tax break every year after, meanwhile your neighbors will be still paying higher tax bills... Reduce your taxes. Take advantage of economic times, otherwise while your property values decrease you will still be paying more in property taxes. Doesn't seem right does it?
Time is limited You Must Prepare Now!
houserich cartoon.jpg
As the price of homes has skyrocketed in the USA, so have the property taxes. Now the price of homes are decreasing, your assessment is way over valued and not appealing your property tax now can cost you thousands of dollars...
It was estimated by the National TaxPayers Union, that 60% of all property owners are over paying on their real estate taxes. You could be leaving tens of thousands of dollars on the table, year after year. Yet only 2% of property owners bother to appeal...

Reducing property taxes is immediate and very rewarding to an owners bottom line and ironically increases your property's value. Once you establish your new tax assessment, the savings is ongoing year after year. And in economic times as we have today the savings is significant and is well worth your time to fight for a reduction in your property taxes .
If you want to fight your taxes and fight them right, here is a link (Organize and fight for a reduction in your property taxes) that will get you organized and ready to win. With help from your local realtor and a little time you can save hundreds maybe thousands year after year. Don't put this off! Start today and save tomorrow...
Here is a link of most tax assessor's offices nationwide to start your search Nationwide Tax Assessor Search
During uncertain economic times such as what were are experiencing now, the effort of appealing a property tax bill may prove well worth the time and effort involved.
The Appeal Process in simple form:
  • You must present proof of the value that your home is less than what you assessor has indicated on your property tax card.
  • In order to do this you should have current real estate listings and current real estate sales. 3 each is a good number...
  • You must present proof of the value that your home is less than what you assessor has indicated on your property tax card.
  • Ultimately if you have all your ducks in line and your rehearsed speech your assessor will comply and take off hundreds and even thousands of tax dollars off your home property tax. It's really that simple! If he does not agee then you apply to the county for a reduction and you appear before a the county assessors
If you need help try this...Click here for help Appealing Your Property Tax This will help you organize and process your application to reduce your property taxes the right way, the first time! It's a low cost $39.00 Ebook but it will definitely help and definitely worth every penny.. I use the same materials...

Sunday, September 21, 2008

Procuring Cause? Commission disputes

What is procuring cause? The agent who ultimately caused the buyer to purchase the home and earned the commission is the procuring cause agent. However that procuring cause agent might not be the agent who handled and presented the offer from the buyer or successfully negotiated the seller's acceptance of that offer.

Real Estate Commissions disputes can cause havoc at a settlement table. But the seller can ultimately cause the problem if they don't follow some ethical protocol. Real Estate professionals have a duty to adhere to protocol. They know they can work for ultimately nothing if another agent has procuring cause. Their duty to each other should be up front and professionsl. But as a buyer you can help by selecting a realtor up front and follow just a few honest things. It doesn't mean you cannot talk to anyone else it just means you need to be upfront with the agent you are speaking to. Avoid problems by following a few simple steps and rules that will cause less problems for eveyone later. Be honest and upfront with all agents.

Follow these steps to help make a smooth transaction for all concerns.

Say you are working with another agent.
If agents don't ask you if you're working with another agent, then promptly volunteer that information. Agents are supposed to ask you this question but sometimes they don't: they forget, are afraid to hear the answer, become distracted. Set them straight immediately.

Sign a buyer's broker agreement with your agent.
Buyer's broker agreements will clearly describe the relationships, compensation and duties.

Sign an agency disclosure with your agent.
Agency disclosures describe the various capacities under which an agent can operate. Since the agent doesn't know the specific capacity until a property is lcoated, all capacities are described to you.

Do not ask another agent to show you property.
Your agent is eager to help you. Part of your agent's duties is to show you homes for sale, even if those are homes that you have located yourself. Let your agent earn her commission.

Do not directly call listing agents for information.
Your agent will probably get more detailed information from the listing agent than you will get, anyway. There will be no confusion if your agent calls the listing agent.

Follow Open House protocol if you go unescorted.
If you attend Open Houses without your agent, hand your agent's business card to the agent hosting the Open house. Sign guest books with your agent's name next to your own or refuse to sign. Not only will this help protect you, the open house agent won't try to corral you or request personal information.