Philadelphia Tax Abatements Explained

Buying a home with a Philadelphia tax abatement? Before you make an offer, understand how Philly's 10-year property tax abatement works and what happens to your property taxes when it ends. In this video, Philadelphia Realtor Marina Ruiz explains Philadelphia tax abatements, newer phased-down abatements, property assessments, estimated taxes after an abatement expires, resale considerations, and what buyers should check before purchasing new construction or a tax-abated home. If you're moving to Philadelphia, buying new construction, or comparing homes for sale in Philadelphia, understanding property taxes can make a major difference in your monthly housing costs. Marina's Instagram: @marina_ruiz   / marina_ruiz