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A one-stop shop for property tax protests
March 17, 2009
Iowa's county assessors have served notice that they think the real estate crash is a figment of your imagination.
Naturally this creates an entrepreneurial opportunity. There is a new Des Moines-area company that offers one-stop service for protesting your property tax assessment: Iowa Assessment Advisors. If the assessors really want to maintain or increase assessments in the face of the real estate recession, this could turn out to be a popular service.
This new company is not an affiliate of our firm.
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Comments
The bubble and the crash were fairly concentrated: http://www.fivecentnickel.com/2009/02/26/the-foreclosure-crisis-location-location-location/
Of course, the average person is feeling poorer, can't get a mortgage, might be worried about losing a job, and has taken a hit on the 401K. But the tax assessors may be right about the actual homes.
Posted by: TaxRascal | March 17, 2009 8:29 AM