Contingency Fee Calculation (Not Capped)
| Initial Market & Appraised | $700,000 |
| Final Market & Appraised | $650,000 |
| Reduction in Value | $50,000 |
| Tax Rate | 2.00% |
| Tax Savings | $1,000 |
| Contingency % | 35.00% |
| Contingent Fee | $350 |
Contingency Fee Calculation (Capped)
| Initial Market | $750,000 |
| Initial Appraised | $700,000 |
| Final Market & Appraised | $675,000 |
| Reduction in Value (Note below) | $75,000 |
| Tax Rate | 2.00% |
| Tax Savings | $500 |
| Contingency % | 35.00% |
| Contingent Fee | $175 |
Note: Reduction amount based on difference between Notice Amount and Final Value. Tax Savings and Fee based on difference between Appraised (Capped) Value and Final Value times tax rate.