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Gerald Lucas

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Real Estate Markets With Highest Office Conversions, The Only Contractors You Should Hire, The Huge Change In Vacation Home Mortgage Demand

June 4, 2024 Gerald Lucas

Real Estate Markets With Highest Office Conversions

Real Estate Tip:

Only hire real estate contractors that have established trade lines (credit accounts that allow them to buy supplies and materials themselves). A contractor without trade lines is a potential liability to you.

Real Estate News:

Demand for Vacation-Home mortgages plummeted 40% in 2023.

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Tags Gerald Lucas, real estate tips, real estate strategies, adaptive reuse, office conversions, residential
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5 Options When You Inherit A Home With A Mortgage, Do You Have To Get A Home Inspection When You Buy A Home? Fannie Mae's Latest Updates To Its Equitable Housing Finance Plan

May 28, 2024 Gerald Lucas

5 Options When You Inherit A Home With A Mortgage

Real Estate Tip:

Get a home inspection before you buy a home. If the required renovations and repairs identified in the inspection report are beyond your capacity to deal with, move on to another home.

Real Estate News:

Fannie Mae has unveiled its latest upgrade to the 2022-2024 Equitable Housing Finance Plan, aimed at dismantling obstacles to housing and home ownership while The National Association of Home Builders has introduced a comprehensive 10-point housing plan aimed at combating shelter inflation and alleviating the housing affordability crisis by dismantling obstacles impeding the construction of buildings.

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Tags Gerald Lucas, real estate tips, real estate strategies, refinance mortgage, mortgage, inherit, home, heirs
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Can A Tenant Renegotiate Their Lease?, The Magic Of Skip Tracing, Office Building Conversion Explosion

May 21, 2024 Gerald Lucas

Can A Tenant Renegotiate Their Lease?

Real Estate Tip:

If you find an abandoned property you'd like to buy, check the local tax records or enlist a skip-tracing service in ordert to locate the owner so that you can make a purchase offer.

Real Estate News:

A fourfold increase in former office buildings being converted into apartments has occurred since 2021 in the US.

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Tags Gerald Lucas, real estate tips, renter, tenant, lease, renegotiate, contract, functional termination, formal lease termination, sublease, lease buyout, real estate strategies
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