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Gerald Lucas

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How The Vantage Credit Score Affects Buying A Home, The Key Component To Learning Your Home's Value, How NJ Home Buyers Are Adapting

October 28, 2026 Gerald Lucas

How The Vantage Credit Score Affects Buying A Home

Real Estate Tip:

90% of what goes into the current value of a residential property is what similar properties have sold for in the last 6 months—so the key to arriving at the most accurate estimate of your home’s current value is getting recently final sale prices of 'comparable' homes in your neighborhood.

Real Estate News:

NJ home buyers who can't afford to purchase are turning to rentals, pushing rents up 1.9% and lowering statewide vacancy to 5.4%.

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Tags Gerald Lucas, real estate tips, real estate strategies, Vantage Score, FICO score, Fannie Mae, Freddie Mac, equifax, experian, transunion, rental history
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Will Mortgage Interest Rates Stay High?, Always Do This Before You Make An Offer To Buy Property, NJ Housing Plan Unveiled

October 14, 2026 Gerald Lucas

Will Mortgage Interest Rates Stay High?

Real Estate Tip:

Before you make an offer to buy property, analyze as many similar properties in the same neighborhood as possible so you’ll have a solid frame of reference to make an educated purchase offer.

Real Estate News:

NJ Gov. Mikie Sherrill unveiled a comprehensive five-pillar housing plan aimed to close an estimated 350,000 home gap.

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Tags Gerald Lucas, real estate tips, real estate strategies, Fannie Mae, mortgage bankers association, mortgage interest rates, 10 year treasury yield, bond yields
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How New Rule Helps Homebuyers Qualify For A Mortgage, How To Invest In Real Estate Without Paying Taxes, Assistance For NJ Resident Homebuyers

June 9, 2026 Gerald Lucas

How New Rule Helps Homebuyers Qualify For A Mortgage

Real Estate Tip:

You can legally invest in real estate with your IRA and 401(K) and pay little or no taxes provided your IRA or retirement plan uses an approved custodian. The widespread misconception that permissible IRA investments are limited to stocks, bonds, mutual funds and CDs is the result of people and companies who are in the business of selling these products.

Real Estate News:

NJHMA's down payment assistance program provides eligible first-time NJ resident homebuyers up to $22,000 in down payment and closing costs assistance.

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Tags Gerald Lucas, real estate tips, real estate strategies, Freddie Mac, Fannie Mae, Desktop Underwriter, FHFA
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