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The Willnow Group is one of The
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|  | | | Amy Peters, Amy Lynn, Lynn Hape, John Willnow, Nan Willnow, Nancy Dunn, Amy Herington (pictured left to right) | |
Meet The Willnow Group, Prudential Georgia Realty  The Willnow Group, Prudential Georgia Realty has a tradition of excellence. With over 50 years of agent experience, Nan and her team pride themselves on being experts in bringing homebuyers and sellers together. A knowledgeable team that works well together and provides continuous commitment to clients is the secret behind Nan's continued success as Prudential Atlanta Realty's #1 Agent since 1996. Nan has also been one of the Atlanta Board of Realtor's Top 10 agents, and Prudential Realty's Top 100 agents in North America since 1996 as well. Nan's credentials include achievement of her GRI (Graduate Real Estate Institute), CRS (Certified Residential Specialist) and ABR (Accredited Buyers Representative). Nan believes it is essential to frequently communicate with all her clients, and that honesty is always the best policy. She states: "I have always been called a straight shooter. I say what I do, and I do what I say. How else can you be in this business if you can't be totally honest and truthful with your clients? I do not know of any other way!" Nan takes her career very seriously, because to her and her team, real estate is serious business. She points out: "We are responsible for selling people's homes, and they are counting on us. Our goal is to make the process of buying or selling a home as stress free for our clients as possible!" 
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Tax Considerations >Taxpayer Relief
Legislation included in the 1997 federal budget made significant changes that improve a homeowner's ability to profit from the sale of real estate.
The capital gains tax exclusions on the sale of a principal residence is just one of several benefits for homeowners. When you sell a home you have owned and use for two of the five years prior to the sale, married couples are allowed to keep up to $500,000 in tax-free profits and taxpayers filing as singles can keep up to $250,000 before paying capital gains tax.
Long-term capital gain is also taxed at lower rates as a result of the Jobs and Growth Tax Relief Reconciliation Act passed in 2003. The maximum capital gains tax rates dropped from 20% to 15% and from 10% to 5%, effective for sales and exchanges taking place on or after May 6, 2003 and through December 31, 2007. In 2008 the 15% rate continues for higher income taxpayers, while the 5% rate for lower income taxpayers drops to 0%, but only for the 2008 tax year. On January 1, 2009, the 10% and 20% rates will be reinstated.
Consult your tax advisor for advice regarding your particular circumstance.
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What are considered the ideal conditions for a seller's market?
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In a seller's market, prices are firm and good houses are sold before advertised or as soon as they show up in the MLS. |
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