
ValueAppeal Helps Wake County, NC Property Owners Reclaim Unfairly Assessed Property Taxes In Advance of April 1, 2010 Deadline The annual deadline for filing a residential property tax appeal in Wake County, North Carolina is April 1, 2010. Seattle, WA, and Wake County, NC (Vocus) February 20, 2010 The annual deadline for filing a residential property tax appeal in Wake County, North Carolina is April 1, 2010. During this period of unprecedented decline in housing values, many property owners are unfairly overpaying their property taxes by hundreds or thousands of dollars. According to ValueAppeal, in Wake County alone, 21% of the 260,000 homes are currently overassessed. Seattle, Washington based ValueAppeal has used advanced data mining technologies over the last three months to evaluate each Wake County residential property, with the goal of helping homeowners reestablish a fair and equitable assessment of their property. Historically homeowners have been reluctant to file property tax appeals, even if they believe their homes are overassessed. The process of preparing the necessary paperwork, filing the appeal and waiting for the results is notoriously opaque and time consuming. In addition, homeowners are wary to try costly property tax appeal “consultants”, who’s fees negate most of the savings. ValueAppeal uses proprietary algorithms and data from the entire county database to build three unique arguments to support an accurate, compelling appeal to the Wake County Assessor’s Office, including comparable sales, comparable assessments, and additional unique factors often overlooked by county assessors. No other platform has the ability to help such a wide range of homeowners in the crucial 30 days prior to the appeal deadline. “With the decline in home values, homeowners know they may be paying too much in property taxes,” states Charlie Walsh, founder and CEO of ValueAppeal, “but the process for homeowners to take back what they’re owed is challenging and lengthy. ValueAppeal uses the most comprehensive set of data available, as well as a simple online user interface to ensure the homeowner’s appeal is complete and straightforward.” About ValueAppeal
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