Housing prices are still headed downward and have not hit bottom.  Ex Federal Reserve chairman Alan Greenspan says that until the inventory of unsold homes shrink, bottom will not have been reached.

So there you have it. Watch to see the total months of inventory number shrink. It now stands at about ten and a half months.

The perceived wealth that people have is closely related to housing prices. New construction has a significant effect on the economy and with new construction falling coupled with falling housing prices, a large part of the economy is under pressure.

Many will be looking to save money and reduce overhead. As a property tax consultant you would be like a knight in shining armor to the rescue. 

Consumer Reports has published that property tax records show an error rate of 40% exists in estimating property taxes. (Nov.1992 v57 nil p.723)

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)

The subprime mess will likely linger according to recent statements by Treasury Secretary Henry Paulson and Fed Chief Ben Bernanke. It’s effect on consumer spending may possibly lead to a legitimate recession.

The perceived wealth of the average person who has most of their wealth tied up in their homes, when they see their homes resale value go down, will effect their spending habits dragging overall spending down.

This is an excellent reason for knowledgeable people to look into lowering their property taxes. The housing market comparable sold homes are in a downward spiral. It takes over 10 months to sell the average home in the United States compared to 2-3 months in good times. There are an abundance of lower priced comparables available.

If you desire to offer your services in a highly compensated business as a property tax consultant investigate: http://www.propertytaxconsult.com

The National Association of Realtors to announce last week that home values are on track to experience their first annual decline since the Great Depression of the 1930s; new home prices have already fallen 6.5 percent over the past six months.

By helping homeowners appeal their property taxes that were based on prior "expensive" high assessments, you will be rewarded for your effort. You’ll be a hero to the homeowner and will have helped by seeing that they only pay their fair share of property taxes, NOT beyond.

The drop in U.S. real estate markets is likely just the first stage of a global liquidity problem. Foreclosures and lower home values are not going away soon.

Foreclosures almost doubled during July, rising to 179,599 from 92,845 in the same period a year ago. RealtyTrac is expecting 2 million foreclosures to be filed for the full year in 2007.

Welcome to the world of property tax consultants. This is not an over crowded profession like insurance,
mortgage brokers, financial planners, real estate agents and such barraging potential customers with offers.

Likely, potential clients don't know that property tax consultants even exist.

Most towns do a blanket reassessment of the properties within their borders every 5 to 15 years. The timeframe varies. The lowest contract bid wins. Where a normal appraisal  costs hundreds, this low cost broad sweeping appraisal  costs maybe $20 per house.

A low-priced bid contractor has to be quick and is on a time budget. Often at the office they copy and  pasted erroneous information to save time.  It is not a  well researched analysis of the facts. It's a "rush job."

MANY are over assessed in the process. That coupled with FALLING REAL ESTATE PRICES give you a many comparable to choose from.

The towns would go broke if they did a blanket reassessment every year. So if a home was priced by a blanket assessment at the TOP of the real market and now the market value has plummeted … man, do you have an easy case!

Good comparables are EVERYWHERE.

With contingency fees equal to the tax saving you win for the customer, each case won is usually worth several thousands of dollars.

Yes, this is a good business. You win, the client wins.

To further review Property Tax Consulting
Home Business Package, copy and paste into your browser:
http://www.propertytaxconsult.com