Montclair, West Orange and Glen Ridge real estate and homes for sale in New Jersey, condos, condominiums - Martha Kolko and Lina Panza, REALTORS® Martha Kolko and Lina Panza REALTORS(r) for Montclair, West Orange and Glen Ridge, New Jersey real estate, condos, condominiums - NUMBER1EXPERTS™ Martha Kolko and Lina Panza NUMBER1EXPERTS(tm) for Montclair, West Orange and Glen Ridge, New Jersey real estate, condos, condominiums
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Martha Kolko and Lina Panza, REALTOR®, real estate agents and broker for Montclair, West Orange and Glen Ridge New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

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Testimonials: Montclair, West Orange and Glen Ridge New Jersey home buying, real estate listings, and homes for sale in Essex County County, NJ
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We always ask our clients to write or email us, and tell us truthfully how they appreciated our service to them. Their feedback is so important! Here are a few highlights of what people are saying about us... 

"I switched over to the Panza/Kolko team"
"After a long search with another realtor turned up no prospects, I switched over to the Panza/Kolko real estate team and had banner results."

Lorren Magnus, Little Falls, NJ
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"I was able to secure top dollar for my house"
"There were many times throughout the transaction when I thought the deal would fall through, but she would not let the deal go down."

William C. Montclair
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"Martha and Lina sold our house in 10 days..."
"Martha and Lina sold our house in 10 days for $20,000 above asking.

F. Drucker, Bloomfield
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"We have worked with agents before..."
We have worked with agents before and since, and we have yet to find someone who measures up to her professionalism."

Laura Catlan NYC
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Real Estate Tips
First Time Buyers >Your Principal Residence

The Federal Tax Code allows married taxpayers to exclude from capital gains taxes up to $500,000 in profits from selling a home (singles can exclude $250,000). In order to qualify for this exemption, you must prove that that the home has been your principal residence for at least two out of the last five years. The establishment of the home as a principal residence depends on the facts of each homeowner's circumstance. Here are two cases to consider.

Homeowner A has lived at 25 Pine Drive for 12 years. Although he stays at his vacation cottage in another town for up to three months out of each year (sometimes more), 25 Pine Drive is his principal residence, where he lives most of the time. When he sells the home, Homeowner A (filing as a single individual) can keep up to $250,000 in tax-free profit.

Homeowner B buys 108 Maple Street, intending to live there. He rents it out while waiting to sell his current home, where he has lived for six years. His principal residence sells at the end of two years. Homeowner B moves into his new house, lives there for three months, and then decides to travel. After a six-month trip, he regrets buying 108 Maple Street and sells it. Even though he has owned the house on Maple Street for over two years, it won't qualify as "owner-occupied", because he only lived in it for a few months. Thus Homeowner B is not eligible to claim the tax exemption when he sells the house on Maple Street.

Consult your tax advisor for advice about your particular circumstance.

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Real Estate Trivia
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What are considered the ideal conditions for a seller's market?

A 
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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Martha Kolko and Lina Panza, REALTOR®, real estate agents and broker for Montclair, West Orange and Glen Ridge New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Martha Kolko and Lina Panza
RE/MAX Village Square

516 Valley Road
Upper Montclair, NJ 07043
Martha's Office: 973-509-2222 x143
Lina's Office: 973-509-2222 x144
Martha’s Cell: 201-247-9934
Lina’s Cell : 973-809-5277
Fax: 973-509-7779
Email: marthaandpauline@NUMBER1EXPERT.com

Why settle for one real estate agent when you can have two? Real estate teams are popular on the West Coast. But here in the Montclair area they are relatively rare. The few that exist usually offer one agent as the rainmaker with salaried assistants doing the legwork and paperwork. With Martha Kolko and Pauline “Lina” Panza at RE/MAX Village Square you get two full-time agents working at your side. Martha and Lina have formed a partnership that offers a wide range of business skills, salesmanship and creativity to ensure that home sellers get top dollar. With 22 years of combined residency, intimate knowledge of local schools and community resources, buyers benefit from Martha and Lina’s deep knowledge of the Montclair area. Martha and Lina always help buyers find the right home at the right price. Martha Kolko brings superb communication skills from her background in education and her Masters degree in guidance counseling. She is also a professionally trained photographer. Lina Panza has degrees in design and architecture as well as an MBA. She has spent a decade managing an assisted living facility and has a special understanding of the needs of today’s senior citizens. In this competitive market a team approach gives buyers and sellers the advantage they need. Solo agents can leave a buyer or seller without much-needed representation when an agent is on vacation or has a family emergency. Martha and Lina deliver: · Round-the-clock coverage and 24/7 availability by phone and email · A realistic and honest assessment of your real estate needs and opportunities · Expert marketing of your home · Interior design and gardening skills with home staging resources to get your home looking its best · Coordination of home repairs from our contractor network · Professional photographs of your home that exceed the usual quality To get twice the power and two times the results call, Martha and Lina at at RE/MAX Village Square.

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RE/MAX Village Square real estate and homes for sale in Montclair, West Orange and Glen Ridge New Jersey

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