Value Appeal’s Online Solution

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

Similar Articles

Assessing Your Assessemen... Fair to say,  if you are living in New Jersey, you are probably paying more property taxes than you should. The National Taxpayers Union, in fact, estimates
Washinton Township Appeal... Washington Township officials are planning to have a revaluation of township properties performed due to a large number of tax appeals, but the work will not be
Appeals May Cost Resident...   New Jersey may tighten property tax cap Full story: Asbury Park Press Online Just two towns have ballot questions before voters today looking to exceed the
Fairlawn Tax Appeals Trig... From The Fair Lawn Patch: To combat the dramatic increase in the number of tax appeals being lost by the borough in recent years, a reassessment, which
Lakewood Tax Appeals Coul...     Lakewood budget projects tax hike Asbury Park Press Township Manager Michael Muscillo said the increases are largely caused by $1.7 million set aside for property
Opt-Out For Towns Using P...   Asbury Park Press Monmouth Tax Board: Towns can opt out of pilot program Asbury Park Press For towns that stay in the pilot program, the Tax
A Layman’s Knowledg...   The Tax Court in a recent unreported decision allowed evidence, including adjustments to comparable sales by a pro se taxpayer at trial. However, the case, Kula v.
AC Casino Tax Appeals To ...   As witnessed in AC, as more commercial industries file assessment appeals, tax burdens will by necessity shift to residential homeowner's to compensate for resulting budget shortfalls.
Englewood Considers Bond ... From NorthJersey.com: The city council is considering bonding $3.5 million to pay for approximately 100 tax appeals that are close to receiving judgment ….More at Englewood council considers
Reassessments Hurt Homeow... Due to a high number of tax appeals after a 2008 assessment, Lincoln Park recently completed its reassessment and noted a $149 million drop in value.  In
Montclair Reassessment Ca...   From The Montclair Patch: With the decline the housing market, Montclair property owners have filed 3,724 tax appeals since 2007. The appeals reduced the assessed value