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All agents are NOT alike! Find out how Patty has helped hundreds of homebuyers & sellers. Call Patty today at 812-232-6015!
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Find Out About the Latest Homes for Sale First!
Patty & her team add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
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Patty Williams are some of The
Top Selling Real Estate Experts™
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Are You Thinking of Selling Your Home or Property? You should know exactly what it's worth before making such an important decision. Let Patty do a quick "Comparative Market Analysis" for you, as part of her listing presentation, with no obligation. Also known as a CMA, this analysis compares your property to others that are currently on the market and to those that have recently sold.
As a real estate professional with over 28 years experience helping sellers determine the value of their homes, Patty can use the information you provide below to perform a quick market analysis, and then work with you to market your property based on what it is worth in today's market. Remember, market conditions can be different, even from one neighborhood to the next. Patty knows how to take all these factors into account when determining the true market value of your home.
What's your home or property really worth? Accurately pricing central Indiana and Eastern Illinois real estate is Patty’s job! Let her do a market analysis and listing presentation for YOUR property. There's no obligation, and this process will help you to sell your home quickly and at the right price… 
Tax Considerations >Taxable Profits
If you are thinking of selling your home and your house has risen in value since you purchased it, or you have accumulated a lot of deferred profit from previous sales, the Taxpayer Relief Act passed in 1997 could be of tremendous value.
Prior to this law, when a homeowner moved to a smaller home, relocated to a less costly area, or made a decision to rent, they were left with unfavorable tax consequences. The old tax law allowed people who sold their homes to defer tax on any profit by buying a replacement home of at least equal value within two years. At age 55, they could permanently escape tax on up to $125,000 of profit, but any profit in excess of that amount was taxable unless a new home was bought.
The good news is that with homes sold after May 6, 1997, homeowners can make as much as $500,000 tax-free profits on the sale of a principal residence for joint filers or $250,000 for single filers. The $500,000 capital gains exclusion removed taxes as a consideration for most home sellers by giving them flexibility to trade up or down. It has also allowed homeowners to preserve the savings value of a home when they sell, provided they use the property as their principal residence for two of the prior five years prior to the sale.
Consult your tax advisor for your particular circumstance.
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| Q |
What real estate term was first used in the 19th century and means "a high-flying flag on a ship"?
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| A |
Skyscraper was first used in the 1880s when office buildings of 10 stories or more were built in Chicago and New York. |
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- NUMBER1EXPERTS™ 
