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Property Valuation: Summit, New Providence and Berkeley Heights New Jersey home buying, real estate listings, and homes for sale in Union County, NJ

Welcome > For Sellers > Property Valuation ...

Buyers Want Your Home for As Little As Possible. Quickly Find Out What It's Really Worth, by Email, for Free.

Are you thinking of selling your Summit, Chatham, Madison, Basking Ridge, New Providence and Berkeley Heights home? You should know exactly what it's worth before making such an important decision.

Let me do a quick "Comparative Market Analysis" for you, for free, and with no obligation. Also known as a CMA, this analysis compares your home to others that are currently on the market and to those that have recently sold.

As a top Realtor, I determine the value of Summit,Chatham, Madisn, Basking Ridge, New Providence and Berkeley Heights, New Jersey area homes daily. Using the information you provide below, I can perform a quick market analysis, and give you a free estimate of what your home is worth in today's market.

Remember, market conditions can be different, even one Summit,Chatham, Madisn, Basking Ridge, New Providence and Berkeley Heights neighborhood to the next. I know how to take all these factors into account when determining the true market value of your home.

This service is completely free and without obligation. There are absolutely no strings attached. Why? I want the chance to show you my expertise as a top Summit,Chatham, Madison, Basking Ridge, New Providence and Berkeley Heights real estate agent.

Please provide me with some basic information on your home. I'll get back to you quickly...

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Tax Considerations >New 1031 Exchange Rules

One of the most popular "tax deferring" strategies for real estate owners who are selling one property and acquiring another is the use of Section 1031 of the Internal Revenue Code. It is an effective way to defer paying income tax on capital gain generated by the sale of a property when you intend to reinvest the proceeds in a similar, "like-kind" property. Almost any kind of real property is considered "like-kind" with any other real property.

A recently enacted law closes what was considered a loophole in the Section 1031 rules. In some cases, owners of investment real estate have used the 1031 Exchange to swap their investment property for real estate that could be readily converted to an owner-occupied residential property. After the exchange, they made the property into their principal residence, lived in it for a couple of years, then sold it. Now the American Job Creation Act of 2004 has ruled that properties converted from a 1031 exchange property into a residence must be held and used as a principal residence for at least five years to qualify for the tax exemption. Otherwise, the basic tax-deferring benefits of 1031 exchanges remain the same.

Consult your tax advisor for more detailed information.

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Q	Who is considered the world's most renowned living architect?
A	I.M. Pei who retired in 1991; he earned this status after designing the glass pyramid entrance pavilion to the Louvre in Paris (1989).
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When You Need Title Insurance, Get It From The Best Title Insurance Company..

Garden State Abstract Company
Mimi Korn
Regional Title Executive
Cell: 973-220-0209
Fax: 973-228-5094
Email: MimiStuart@aol.com

If you need to get pre-approved for a mortgage, I recommend you contact...

Edward A. Lepore
Home Mortgage Consultant
Wells Fargo Home Mortgage
Red Bank, NJ
Office: 732-933-5652
Cell: 732-500-6764
Fax: 732-933-8319
Email: edward.lepore
@WellsFargo.com

As a top Realtor, I know everyone in town! Whether you are buying or selling, you will need the help of local businesses.
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Rosaleen Light-Newby, REALTORŽ, real estate agent and broker for Summit, New Providence and Berkeley Heights New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Rosaleen Light-Newby
Re/Max Achievers
315 Springfield Avenue
Summit, NJ. 07901
Mobile Phone: 908-510-0861
Business: 908-522-9444 ext 103
Residence: 973-665-9280
Fax: 973-665-9283
Email: Rosaleen@NUMBER1EXPERT.com
Email: Rosaleenlight@earthlink.net
Let Rosaleen be your guide through Summit, Berkeley Heights, New Providence, Chatham, Madison, Short Hills, Basking Ridge, Warren, Watchung & surrounding towns. Rosaleen has been a successful realtor for 30 years & when asked what is the most important to her in real estate, she stated "the ability to listen", "flexibility", "strive for excellence", "integrity" & "trust". Isn't this what we are all looking for? A person who represents old fashion service with the state of the art technology.

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