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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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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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3 Ways To Lower Mortgage Payments, Simple Tip For Estimating A Property's Operating Expenses, US Condo Prices Post Biggest Decline In Over A Decade

January 13, 2026 Gerald Lucas

3 Ways To Lower Mortgage Payments

Real Estate Tip:

One way to estimate the operating expenses of a previously owned property is to call the local utility companies and ask for historical gas, electrical and water usage info.

Real Estate News:

Prices for US condominiums posted their biggest annual decline since 2012 in 2025.

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Tags Gerald Lucas, real estate tips, real estate strategies, PMI, private mortgage insurance, mortgage payments, homeowner's insurance, property taxes, Fannie Mae, Freddie Mac
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