St. Louis, MO (PRWEB) August 01, 2012
A new, proprietary web application called“Home Tax Alert” helps over-assessed homeowners across the country reduce their property tax.
According to the company’s findings approximately 25% of American homes are over-assessed in any given year.
“Local assessors are doing the best job they can with the limited resources available to them. But the real estate market changes every day. We now have a way to better keep up with those changes and help those that are over-assessed,” says Keith Grosz, CEO of Home Tax Alert, LLC.
The Home Tax Alert technology works by incorporating the regulations of the local taxing jurisdiction with public records and then applying the algorithms of its patent pending software to determine which homes are over-assessed. Homeowners who visit the company’s website at http://www.HomeTaxAlert.com can find out instantly and at no cost whether their home has a high likelihood of being over-assessed.
Homeowners who appear to be over-assessed have the option of using the company’s tax reduction features. The tax-reduction section of the website was designed to be user-friendly and offer the tools homeowners need for a quick, understandable and accurate appeal.
According to the company, homeowners using the tax-reduction features of its website application can rapidly generate an application for a lower assessment, which is then mailed to the assessor. The company says the previous success rate for homeowners using its service is approximately 80%.
Homeowners who use the Home Tax Alert application to obtain a tax reduction pay a one-time fee equal to 50% of the first year’s savings, which is only payable after their assessment is lowered. If the homeowner’s assessment is not lowered, there is no fee.
The development of the technology began in 2009 and has been continuously refined by a leading team of CPAs, attorneys, property tax professionals and statisticians. It has been extensively tested for accuracy and ease of use. To date, the web application has already helped thousands of homeowners reduce their home property tax.
Grosz adds, “Our customers understand that they have to pay every cent they owe in home property taxes, they just don’t want to pay one cent more.”
Founded in 2011, Home Tax Alert’s mission is to make property tax reduction fast, accurate and understandable for over-assessed homeowners.