Realtor.com adds property tax appeal tool with Ownwell integration
Briefly

Ownwell and Realtor.com have partnered to make property tax resources more accessible to homeowners nationally. Property taxes are increasingly burdensome, with 66% of homeowners exceeding budget estimates. Many homeowners lack awareness of their right to appeal tax assessments. A report suggests that around 40.5% of U.S. properties may be overassessed. Ownwell claims to have reduced property taxes by over $10 billion, with 86% of appeals resulting in tax cuts averaging $1,100. The partnership integrates Ownwell's services into Realtor.com's platform to further assist homeowners effectively.
"66% of homeowners who budgeted for property taxes this year said their bills exceeded estimates. Meanwhile, 53% of homeowners are unaware they have the right to appeal their property tax assessments."
"Ownwell reports that it has helped reduce property tax assessments by more than $10 billion, claiming 86% of its appeals result in tax reductions, saving customers an average of $1,100 annually."
Read at www.housingwire.com
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