Philadelphia County, Pennsylvania Property Taxes

Homeowners in Philadelphia County, PA, who believe their property tax assessment is inaccurate, have the option to appeal the assessment. The process begins with the homeowner filing an appeal with the Board of Revision of Taxes, the entity responsible for hearing these appeals. To initiate the process, homeowners must gather evidence that their property has been over-assessed. This could include recent sales data of comparable properties, an independent property appraisal, or evidence of physical defects that might affect the property's value.

Once the appeal is filed, the Board of Revision of Taxes will schedule a hearing where the homeowner can present their case. During this hearing, the homeowner or their representative has the opportunity to argue why the assessed value should be adjusted. The board will review the evidence provided and make a determination on whether to adjust the property's assessed value.

The potential outcomes of an appeal can vary. If the board agrees with the homeowner's assessment, they may lower the property's assessed value, which can lead to a reduction in the property tax bill. Conversely, if the board finds the current assessment to be accurate, the assessed value will remain unchanged.

Ownwell can assist homeowners throughout this process by providing expert guidance and support. Our team can help gather the necessary evidence, prepare a strong case, and represent the homeowner during the hearing. With our expertise, homeowners can navigate the complexities of the appeal process more effectively, increasing the likelihood of a favorable outcome. By partnering with Ownwell, homeowners can ensure they are not overpaying on their property taxes and are paying their fair share.

Philadelphia County offers several property tax exemption programs designed to ease the financial burden on homeowners. One of the primary programs is the Homestead Exemption, which provides tax relief for primary residences. Homeowners who use their property as their primary residence can apply for this exemption to reduce their assessed value, resulting in lower property taxes.

Another notable program is the Senior Citizen Property Tax Freeze, which benefits homeowners aged 65 and older. This program freezes the property tax rate, preventing increases for eligible seniors, thus providing financial stability. Additionally, the Disabled Veterans Real Estate Tax Exemption offers complete tax relief for veterans who have suffered service-connected disabilities. Eligibility is determined based on disability rating and financial need.

To apply for these exemptions, homeowners must complete the necessary forms and provide supporting documentation, such as proof of age, disability, or primary residence status. The application process can be complex, but Ownwell is here to help. Our team of experts can guide homeowners through the application process, ensuring all paperwork is correctly completed and submitted on time. By leveraging Ownwell's expertise, homeowners can maximize their savings and ensure they receive all the benefits they are entitled to.