Ownwell has announced a partnership with Valon to enhance financial transparency for homeowners and reduce property taxes by identifying over-assessed properties. High property taxes disproportionately affect low- and middle-income borrowers, with data showing that up to 60% of homeowners overpay. In 2025, the collaboration is expected to save homeowners millions through corrected appraisals, as Ownwell has already saved clients roughly $1,100 on average by contesting over-assessments. The partnership aligns with Ownwell's mission to make homeownership more affordable, emphasizing the importance of accurate property assessments in reducing tax burdens.
According to Ownwell, 85% of its customers receive a reduction after using the service, and they save roughly $1,100 on average.
Valon and Ownwell are both on a mission to empower homeowners to make better financial decisions, and we can't wait to see the impact we can have working together.
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