Propety is an asset protection firm whose specialty is commercial insurance. This means that it protects your assets and protects your income tax bill. The company provides a full range of insurance policies. This includes flood, fire and smoke damage, explosion, vandalism, and malicious mischief.
With the help of a trained and experienced advisor, you can prepare for all types of potential issues so you don’t end up paying for something you don’t need or something that will ultimately increase your expenses. You can protect your personal assets, reduce your personal liability under your business property tax bill, keep the assessed value of your home low, and/or get more money each year in capital gains and dividend tax refunds. Because Propety provides many services that benefit a variety of clients, it’s easy to see why it’s chosen as one of the best homeowners insurance providers in the Washington area.
Propety specializes in insuring older single family homes and condos. It offers both owner-financed and investor-financed options. For example, if you own a small single family home that is in need of repairs, you can apply for a loan using the lender’s provided financing program. Once approved, the loan will be used to repair your home. If you decide to flip the property at any point, Propety will still cover the loan that you received for the single family home.
If you own a condo in Washington State and want to save on your property taxes, Propety can help you out. One of the major factors contributing to property taxes in the Washington State is real estate development. High property taxes make owning a condo a bad idea in most parts of the state. However, if you own a condo in downtown Seattle, Propety can save you a lot of money on your property tax bill. Since it also covers special assessments, like earthquake and slander assessments, Propety can help you avoid unexpected hikes in your property taxes. As an owner, you can also choose to pay only one installment each year instead of two or more.
The downside of Propety is that it does not cover all the common assessments. Some of the special assessments listed are: Assessments for improvements, assessment for capital improvements, assessment for building purpose, and special assessments for expenses relating to architectural plans. To add to this, if you have a co-tenant in your unit, Propety may not cover the property taxes of that tenant. So, if you own a condo unit in Seattle, you better check out Propety first before you proceed with getting your property taxes lowered. This way, you will be assured that you are indeed getting the best deal when it comes to your Propety deductible and property taxes.
One of the best things about Propety is that it also covers all the necessary legal expenses that you will incur in the course of your property investment. Whether you are buying or selling a unit, you should always remember to get your property appraisal done at the first Assessment Auction. You can save money if you remember to get your Propety appraised value at the auction. After all, you never know what kind of a deal you might clinch just because of the fact that your property tax bill was calculated based on the appraised value of your property.