Ive been showing a great deal of Forclosed and vacant homes in the Falling Waters subdivision. There are some great deals on the homes out there. The taxes out there are some what high. The good thing about that is that in 2009 there will be a Tax Cap for Indiana that will cap the taxes 1.5% of the sale price of the home, cutting the taxes out here in half. I think that will start to pick up the Luxury Market.
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