Ownwell Property Tax Reviews: How I Saved Hundreds on Property Taxes

Introduction

As a homeowner or real estate investor, you’re likely familiar with the annual headache of property taxes. These seemingly unavoidable expenses can take a significant chunk out of your budget. But what if there was a way to reduce your property tax burden without the hassle? Enter Ownwell , a property tax negotiation service that promises to save you money. In this comprehensive review, we’ll dive into how Ownwell works, its legitimacy, pricing, and my personal experience using their services.

Who Is Ownwell?

Ownwell is a startup based in Austin, Texas, that specializes in helping homeowners across the United States lower their property taxes. Founded by Colton Pace, Ownwell has quickly gained traction as a legitimate player in the property tax appeal industry. Their team of local, experienced negotiators navigates the complex appeal process on behalf of homeowners, aiming to reduce property tax bills significantly.

How Does Ownwell Work?

1. Assessment: Users provide basic information about their property, including the address and assessed value.
2. Evaluation: An Ownwell representative assesses the case and determines if potential savings are possible.
3. Appeal Process: If savings are feasible, Ownwell proceeds with the appeal process, advocating for homeowners.

Is Ownwell Legit?

Absolutely! Ownwell is not a scam. With 42 employees listed on LinkedIn and a growing reputation, they’ve helped homeowners save thousands of dollars on property taxes. I personally used Ownwell last year to protest my property taxes successfully.

Pricing Structure

Ownwell’s pricing is straightforward:

• No upfront fee: You pay nothing initially.
• Performance-based: They charge 25% of the amount they save you.
• No savings, no charge: If they can’t reduce your taxes, you owe them nothing.

My Ownwell Experience

I decided to put Ownwell to the test with one of my rental properties. Here’s what happened:

1. Initial Assessment: The county valued my property at $402,522.
2. Ownwell’s Appeal: After their appeal, they established a new value of $390,657—a reduction of $11,865.
3. Tax Rate: My county’s tax rate is 1.9632%.
4. Savings: Ownwell reduced my property taxes by $233 ($11,865 x 1.9632%).
5. Fee: I owed Ownwell 25% of the savings, which came to $58.23.

Pros and Cons of Using Ownwell

Pros:

1. Simplicity: Ownwell’s process is straightforward—submit your address, and they handle the rest.
2. Hands-Off: No need to navigate the bureaucracy; Ownwell takes care of everything.
3. Performance-Based: You only pay if they save you money.
4. Legitimacy: Ownwell is a reputable company with real results.

Cons:

1. Cost: While the 25% fee is fair, it’s essential to consider it in your decision.

Who Should Use Ownwell?

• Homeowners: If you’re tired of high property taxes, Ownwell can be your ally.
• Investors: Real estate investors with multiple properties can benefit from Ownwell’s services.

Conclusion

Ownwell is more than just a startup; it’s a game-changer for property owners. Their commitment to transparency, legitimacy, and results makes them a top choice for anyone looking to reduce their property tax burden. Sign up at Ownwell.com and take advantage of the $20 credit. Remember, Ownwell isn’t just about saving money—it’s about peace of mind.

Remember, Ownwell isn’t just about saving money—it’s about peace of mind. So why not give it a try? Sign up today and see how much you can save on your property taxes! ????