SEATTLE, Jan. 7 /PRNewswire/ -- The Clark County Assessor sent out their annual Notice of Valuation letters to homeowners in early December again this year. According to ValueAppeal.com more than 70,000 homes are overassessed this year. Homeowners have until January 15 (Yes, less than ten days from now) to appeal their property's assessed value and lower their upcoming 2010 property tax bill. ValueAppeal is a simple online tool that helps homeowners lower their property tax assessments that just became available to residents of Clark County, Nevada. Homeowners who believe their property has been overassessed or valued differently than a neighboring property can visit ValueAppeal.com, enter their address, and find out if their home is fairly assessed for free in just a few seconds. If ValueAppeal finds that the new assessment is too high, property owners can quickly create a customized appeal report to prove their case to the Clark County Assessor's Office. Homeowners must remember the deadline for filing an appeal in Clark County is January 15.
ValueAppeal has built a proprietary Assessment Analyzer that mines the same data county assessors use to identify if a home is overassessed. If a Clark County homeowner is paying too much in property taxes, ValueAppeal.com will guide the homeowner through a simple, 15-minute process to build a customized appeal report, including comparable sales (comps) they need to prove their case to the assessor. ValueAppeal will refund the $99 fee if the homeowner, using the ValueAppeal report, is not able to lower their assessment.
"The appeals process for lowering your property tax bill is notoriously difficult to navigate," says Charlie Walsh, founder and CEO of ValueAppeal. "We created ValueAppeal to simplify the process because we believe everyone has the right to a fair assessment."
According to ValueAppeal's analysis, more than 29,000 properties in Clarke County have a strong case to lower their 2010 property taxes by at least $500. As many as 4,000 homeowners could save more than $1,000 each next year. Some properties may be overassessed by more than $100,000. Walsh says that ValueAppeal can help these homeowners file an appeal quickly and easily - and ultimately lower their assessment and tax bill.
The window for filing an appeal in Clarke County is one of the nations shortest - just about 30 days from when the notices were mailed in early to mid-December. Clark County's property tax appeal deadline is January 15(th), so homeowners who wish to appeal need to act quickly. Walsh added, "Our website tells homeowners instantly and for free whether they're overassessed. It's worth spending a minute to check if you have a strong case for lowering your property taxes. If we find that there is a high likelihood of a successful appeal, the property owner can generate a ValueAppeal custom appeal package for only $99, which creates all the paperwork necessary to appeal and offers a money back guarantee."
Headquartered in Seattle, ValueAppeal (www.valueappeal.com) is currently available to homeowners in King County, Washington; San Mateo County, California; and Riverside County, California. Founded in early 2009 by entrepreneur Charlie Walsh, the company plans to roll out its service to the 700 most populous counties across the country, allowing for more than 75 million homeowners to appeal for a fair property tax assessment with just a few clicks. For more information, visit www.valueappeal.com.
Clark County Statistics (2010)
Approximately 70,000 homes in Clark County may be overassessed
Over 29,000 Clark County homeowners could lower their property tax bill by at least $500
About 4.300 homeowners may be over paying their property taxes by more than $1,000 this year.
At least 8,300 homes may be overassessed by more than $75,000
Clark County Board of Equalization: www.co.clark.wa.us/board-of-equalization