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.
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