Ownwell Partners with Amplify Credit Union for Tax Assistance
Austin-based property tax technology company Ownwell is expanding its offerings through a strategic partnership with Amplify Credit Union. This collaboration aims to provide property tax appeal services to Amplify's members, helping homeowners save significantly on their property taxes.
Access to Comprehensive Property Tax Services
Thanks to this partnership, property owners who are members of Amplify Credit Union can access Ownwell's innovative property tax appeal services without any upfront costs. Utilizing cutting-edge technology paired with licensed property tax professionals, Ownwell assists homeowners in challenging overassessed property values through local tax assessors.
A Win-Win for Homeowners
Colton Pace, CEO of Ownwell, shared his enthusiasm for the partnership, expressing, "We're thrilled to partner with Amplify Credit Union to bring property tax savings to their members." This alliance emphasizes the unique bond that credit unions share with their members, focusing on community trust and support.
The Financial Impact of Property Taxes
For many homeowners, property taxes represent a significant and ongoing expense. Many properties in Texas often carry inflated assessments, which can lead to higher tax bills. Ownwell mitigates this risk by adopting a pay-for-success model, ensuring that members only incur a fee based on successful appeals. Homeowners pay nothing until their tax burdens are reduced.
Supporting Homeowners' Financial Journeys
JC San Pedro, Amplify's Senior Vice President of Mortgage Banking, noted the crucial role homeownership plays in financial stability. He emphasized how organizations like Amplify support homeowners, stating, "We're excited to partner with Ownwell to make that process as affordable as possible for Texas families." This highlights the commitment both companies have toward alleviating financial pressures on homeowners.
Timely Assistance for Property Owners
This partnership arrives at a crucial moment, with Texas property owners facing deadlines for filing tax protests. With Ownwell's user-friendly platform, homeowners can track their appeal status and potential savings through an intuitive member portal, ensuring they stay informed throughout the process.
Additional Services to Assist Homeowners
Beyond just property tax appeals, Ownwell offers a variety of services that help homeowners minimize their financial obligations. These include assistance with homestead exemptions, bill reduction strategies, and monitoring home insurance options. This holistic approach aims to provide comprehensive support for lowering overall homeownership costs.
About Ownwell
Ownwell stands at the forefront of property tax solutions, striving to make real estate ownership costs transparent and fair. By integrating technology with expert professionals, Ownwell offers essential appeal services to homeowners, rental property owners, and real estate investors across multiple states.
About Amplify Credit Union
Established in 1967, Amplify Credit Union has evolved from serving IBM employees to providing comprehensive financial services to over 50,000 members. With a focus on enhancing the financial well-being of its members, Amplify offers various lending products, including home loans, checking accounts, and commercial financing. The credit union has consistently been recognized as a Top Workplace, underscoring its commitment to community and member satisfaction.
Frequently Asked Questions
What is the purpose of the partnership between Ownwell and Amplify Credit Union?
The partnership aims to provide property tax appeal services to Amplify's members, helping them save money on property taxes.
How does Ownwell's service work for homeowners?
Homeowners can access Ownwell's services at no upfront cost and only pay a fee based on the success of their tax appeals.
What kinds of services does Ownwell provide?
In addition to property tax appeals, Ownwell helps with homestead exemptions, bill reductions, and home insurance monitoring.
How can property owners track their appeal status?
Ownwell offers an intuitive member portal where homeowners can monitor the status of their appeals and check potential savings.
Who can benefit from these services?
Any member of Amplify Credit Union who owns property in Texas can take advantage of Ownwell's property tax appeal services.
