Our Origin Story
It All Began Decades Ago
A real estate project in Chicago after the 2008 crash. A discovery that would change everything. A mission that continues today.
2008 — Chicago
The Great Crash
Our team was working on a real estate project in the Windy City in the aftermath of the Great Crash of 2008. People were losing their homes left and right, property values were all over the map, and there was a tremendous amount of upheaval in the wake of a Wall Street-induced catastrophe.
While conducting various Chicago neighborhood studies, we stumbled upon something that would permanently alter our understanding of property taxation in America.
The Discovery
A Troubling Pattern
In the South Suburbs of Chicago, property values had plummeted by as much as 90%. Inflated values created by irresponsible lending practices had crashed. A house that would have sold for over $200,000 in 2006 was suddenly fetching fire sale offers at around $25,000.
Meanwhile, in the North Suburbs, property values had certainly taken a hit, but nowhere near as badly. On average, they had declined by 20-30%. A $200,000 condo was now worth about $140,000.
The Revelation
The Moment Everything Changed
It wasn’t the disparity in price drops that was concerning. There was an explanation for that. What caught our attention was the fact that both the condo in the North and the boarded-up house in the South had similar tax assessed values.
Even more shocking: the property tax bill for the boarded-up house in the South was HIGHER than the condo in the North.
How could that be?
What We Learned
It was a powerful moment that permanently changed our perspective on taxation. Here’s what we discovered:
Accuracy Matters
Property tax assessments are not always accurate, nor are they always fair
Local Impact
Local government and economics play a significant role in property taxation
Community Stakes
The property tax burden matters to homeowners, communities and businesses
Breaking Cycles
When property taxes get out of control, it can lead to detrimental cycles of property loss that ruin neighborhoods
Our Mission Today
Several decades later, with experience in almost 20 states around the country, our team of professionals is dedicated to finding solutions for one of property owners’ most poignant issues—the property tax burden.
We’ve evolved into a company that is attempting to address this specific issue in Texas, one of the states with the highest real property tax rates in the country.
Our mission is to make sure that Texans never pay a dime more for their property tax bill than they have to.
Our Mission Today
Several decades later, with experience in almost 20 states around the country, our team of professionals is dedicated to finding solutions for one of property owners’ most poignant issues—the property tax burden.
We’ve evolved into a company that is attempting to address this specific issue in Texas, one of the states with the highest real property tax rates in the country.
Our mission is to make sure that Texans never pay a dime more for their property tax bill than they have to.
🤝 Operating with heart for you, our neighbor
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