ValueAppeal.com Saves Homeowners Money on Property Taxes

- Free Assessment Analysis to find out if your property is eligible for a successful appeal

PR Newswire

posted: 116 DAYS 3 HOURS AGO

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SEATTLE, Aug. 4 /PRNewswire/ -- Publicly available today, ValueAppeal.com is a simple online tool that helps homeowners appeal their property tax assessments. Until now, the hours of research required to create a successful appeal were so tedious and overwhelming that most property owners simply haven't bothered appealing their home's assessed value, even when they knew it was too high. ValueAppeal eliminates time consuming appeal hurdles by helping the over-assessed homeowner develop a robust, professional appeal online in about 15 minutes - all they need is their home address to get started.

"We created ValueAppeal to bring transparency to a notoriously opaque process. ValueAppeal.com makes it quick and easy for homeowners to create a professional appeal online, and our proprietary technology ensures that the report is accurate and compelling. Nobody should have to pay more than their fair share in property taxes; ValueAppeal gives homeowners a choice," said Charles Walsh, founder and CEO.

Most property tax appeals are denied because the homeowner fails to submit eligible comparable homes (comps) to support their case for a lower assessment. Comps found on other online real estate sites usually aren't eligible to be used in a property tax assessment appeal. "There is a lot of fine print on what comps can be used in an appeal. ValueAppeal does all the legwork for you by weeding out ineligible comps and helping you optimize your appeal report with comps that lead to the most successful appeal," says Walsh.

The Service

Homeowners enter their home address on ValueAppeal.com (available for single family homes, duplexes, townhomes, condos) to see whether their property has been over-assessed this year, and if it is eligible for appeal. After paying a one-time fee of $99, the property owner is guided through a simple 3-step process to create their own custom appeal report in as few as 15 minutes. Once the report is complete, property owners simply print and mail the documents, and their appeal will be under way. Following a final review of the appeal by a county, if the homeowner isn't able to lower their assessment with the comps in their custom appeal report, ValueAppeal will issue a full refund.

The Company

Seattle-based ValueAppeal is currently in beta and serving homeowners in the greater Seattle area. The new company has been funded by friends and family thus far, and is now actively seeking investors to fund their expansion into additional markets across the country. ValueAppeal.com plans to target more than 75 million homes in 700 target counties throughout the U.S.

The company was founded in February 2009 in Seattle, with a management team of:

-- Charles Walsh, CEO and founder. Charles was the former CEO of ISSI Data, and has a masters degree from the MIT Center For Real Estate -- Matthew Willis, Chief Technology Officer. Matthew founded Switch Development

-- Ryan Reynolds, Chief Design Officer. Ryan is an award-winning designer residing in New York

SOURCE ValueAppeal

2009-08-04 09:00:00