Montclair, Upper Montclair, Bloomfield and West Orange real estate and homes for sale in New Jersey - Julie Salmon, REALTOR® Julie Salmon REALTOR(r) for Montclair, Upper Montclair, Bloomfield and West Orange, New Jersey real estate - NUMBER1EXPERT™ Julie Salmon NUMBER1EXPERT(tm) for Montclair, Upper Montclair, Bloomfield and West Orange, New Jersey real estate
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Julie Salmon, REALTORŪ, real estate agent and broker for Montclair, Upper Montclair, Bloomfield and West Orange New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

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Top Real Estate Links: Montclair, Upper Montclair, Bloomfield and West Orange New Jersey home buying, real estate listings, and homes for sale in Essex County, NJ
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Useful Real Estate Web Sites 

Here's a short list of some of the more useful real estate and real estate related sites on the web. When you click on any of the links below, you'll see the site you chose, along with a form at the bottom of your screen. Use it to get answers for any questions you might have about anything you find. 

Remember: It's my job to know more about real estate than any web site! 

Montclair Moving Companies
With just a few clicks 123 Movers can find you Fast, Free, no obligation quotes from local & interstate moving companies, auto transport specialists, self storage organizations, international movers and more. Relocation can be a stressful event so let us help you find the moving services you need by searching our directory of licensed movers.

GOVERNMENT REAL ESTATE RESOURCES
Try the US Census Bureau, FedStats.com, or the Bureau of Labor Statistics for useful information. The HUD web site is full of resources. Don't forget Fannie Mae, Freddie Mac, or Ginnie Mae. Get home buying tips from the Federal Consumer Information Center.

LOCAL INFO
Find your local Chamber of Commerce or State Government.


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Real Estate Tips
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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Real Estate Trivia
Q 
What three things are necessary in order to purchase a home?

A 
Some cash, a dependable income and good credit. If you fall short, don't despair--homeownership may still be possible.
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Julie Salmon, REALTORŪ, real estate agent and broker for Montclair, Upper Montclair, Bloomfield and West Orange New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Julie Salmon
Coldwell Banker Residential Brokerage

242 Bellevue Avenue
Upper Montclair, NJ. 07043
Office: 973-783-5100 Ext. 135
Direct/Voicemail: 973-233-2040
Cell: 201-341-8334
Fax: 973-746-6251
Email: Julie@MontclairAreaHomes.com

"Your buying and selling partner" My goal is to build successful, long-term relationships with my clients, by providing outstanding service and by working hard to make sure that each transaction is as smooth and stress free as possible. As a proactive, enthusiastic, hands-on agent, who listens to her clients, you will always be able to reach me by telephone or e-mail. Internet marketing is my specialty. As a NAR e-PRO, buyers can expect more information on listings and town information; Sellers can be confident that your home will receive maximal exposure on the internet.

eProEqual HousingMLSREALTOR


Coldwell Banker Residential Brokerage real estate and homes for sale in Montclair, Upper Montclair, Bloomfield and West Orange New Jersey

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