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How Ownwell.com Can Help You Lower Your Property Taxes
If you are a property owner, you are well aware of the annual property tax bill that arrives in the mail. Property taxes can be a significant expense for homeowners, especially in areas with high property values. The good news is that there are ways to reduce your property tax bill, and one of the most effective methods is to work with a property tax appeal company like Ownwell.com.
What is Ownwell.com?
Ownwell.com is a property tax appeal company that specializes in helping homeowners reduce their property tax bills. The company has been in business for several years and has helped thousands of homeowners save money on their property taxes.
How does Ownwell.com work?
The process of working with Ownwell.com is straightforward. First, you submit your property information, and the company will conduct a free evaluation of your property. Based on the evaluation, Ownwell.com will determine if your property is overassessed and if there is a possibility of lowering your property tax bill. If the company determines that your property is overassessed, they will file a property tax appeal on your behalf.
What are the benefits of using Ownwell.com?
There are several benefits to working with Ownwell.com. Here are some of the most significant advantages:
– Reduced property tax bill: The primary benefit of working with Ownwell.com is the potential for a lower property tax bill. By appealing your property taxes, you may be able to save hundreds or even thousands of dollars each year.
– No upfront costs: Ownwell.com does not charge any upfront costs for their services. You only pay if they are successful in lowering your property tax bill.
– Experienced team: The company has a team of experienced property tax professionals who know how to navigate the complex property tax appeal process. They have a proven track record of success and have helped many homeowners save money on their property taxes.
– Easy and convenient: Working with Ownwell.com is easy and convenient. You can submit your property information online, and the company will take care of the rest. You don’t have to worry about filling out paperwork or attending hearings.
What are the potential drawbacks of using Ownwell.com?
While there are many benefits to working with Ownwell.com, there are also some potential drawbacks to consider. Here are some of the most significant disadvantages:
– No guarantee of success: While Ownwell.com has a proven track record of success, there is no guarantee that they will be able to lower your property tax bill. The property tax appeal process is complex, and there are many factors that can impact the outcome.
– Cost: While Ownwell.com does not charge any upfront costs, they do charge a percentage of the savings they are able to secure for you. This means that the amount you save on your property taxes will be reduced by the fee charged by Ownwell.com.
– Timeframe: The property tax appeal process can take several months or even up to a year. This means that you may not see any savings on your property taxes for some time.
Reviews
Ownwell is a company that provides property tax appeal services to homeowners who want to reduce their property tax bills. They claim to have a high success rate in lowering property taxes and have received mixed reviews from customers.
Positive Reviews:
Some customers have had a positive experience with Ownwell and left glowing reviews. One customer stated that they had used Ownwell for the first time and saved a significant amount of money on properties they were previously unable to get the county to budge on. The customer also praised the company’s responsiveness to emails and transparency.
Another customer reported that Ownwell lowered their property tax by $15,000 below the assessed value, and the assessor’s office confirmed that the assessment was debated by them. The customer appreciated that Ownwell saved them time and paperwork, which was the whole point.
Negative Reviews:
However, other customers have had negative experiences with Ownwell and left critical reviews. One customer was disappointed with Ownwell’s services, stating that the company reduced the value of their home by only $1,000 after waiting almost a year. The customer believed that they could have done it themselves and saved more money.
Another customer was frustrated that the platform did not fight the assessed value below the purchase price of their home, despite providing evidence of depreciated aspects of the property. The customer felt that they wasted their money and could have sent the closing documents to the county themselves.
Another customer complained that the platform took too long and would not let them cancel their service, even though it was clearly stated on their website. The customer felt that they could not trust the company.
One customer accused the platform of false advertising, claiming that the company made an outrageous claim that they reduced the customer’s home taxable value from over $500,000 to $58,460. The customer received their 2022 tax statement from the Central Appraisal District, and there was no change in valuation.
Overall, Ownwell has a mixed track record, with some customers praising their services and others feeling that they wasted their time and money. It is essential to do your research and weigh the pros and cons before deciding to use their services.
Conclusion
Overall, working with Ownwell.com can be an effective way to lower your property tax bill. The company has a team of experienced professionals who know how to navigate the complex property tax appeal process, and they have a proven track record of success. While there are some potential drawbacks to consider, such as the cost and timeframe, the potential for significant savings makes it worth considering. If you are interested in lowering your property tax bill, consider working with Ownwell.com.
Summary
Ownwell.com is a property tax appeal service that helps homeowners reduce their property taxes. The company was founded in 2017 and is based in Austin, Texas. The service is available in several states, including Texas, California, Florida, and Colorado.
The company’s website explains that property taxes are determined by the assessed value of the property, which is calculated by the local government. If a homeowner believes that their property has been overvalued, they can file an appeal to try to get the assessed value lowered. This can result in a lower property tax bill.
Ownwell.com helps homeowners file these appeals. The process starts with a free consultation, during which a representative from the company will review the homeowner’s property tax assessment and determine whether an appeal is likely to be successful. If the representative believes that an appeal is a good idea, the homeowner can sign up for the service.
The company charges a fee for its services, which is based on a percentage of the savings that the homeowner receives as a result of the appeal. If the appeal is unsuccessful, the homeowner does not owe anything.
Once the homeowner signs up for the service, the company will collect information about the property, including recent home improvements, and prepare the appeal. The company will submit the appeal to the local government and represent the homeowner in any hearings or meetings that are required.
Reviews about the company are mixed. Some customers are very happy with the service and report significant savings on their property tax bills. For example, one customer on BBB.org wrote that Ownwell.com was “very responsive to e-mails and transparent” and “saved me significant dollars on properties I was unable to get the county to budge on in the past.”
Other customers, however, have reported that the service was not effective or was not worth the cost. For example, one customer wrote on BBB.org that the company “took forever” and ultimately only reduced the value of their house by $1,000. Another customer wrote that they did not hear back from Ownwell.com at all after filing a claim.
Despite the mixed reviews, the company may be a good option for homeowners who are interested in appealing their property tax assessments. The service is convenient and may be more effective than trying to file an appeal on one’s own. However, it’s important for homeowners to carefully consider the cost of the service and to make sure that they understand what they’re paying for.
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