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Risks Of Buying Property In A Homeowners Association, Water Damage Homeowners Insurance Does NOT Cover, How US Housing Did In Augus

October 7, 2026 Gerald Lucas

Risks Of Buying Property In A Homeowners Association

Real Estate Tip:

Standard homeowners insurance covers storm-related water damage ONLY if the water enters through an opening created by a covered peril, like wind or hail breaking a window or damaging a roof.

Real Estate News:

US housing starts fell 2.6% in August and residential permits fell 2.7%.

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Tags Gerald Lucas, real estate tips, real estate strategies, golf communities, community associations, homeowner associations
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If Your Home Has Oil Heat Should You Convert To Gas?, The Cheapest Way To Heat A Home, How US Home Sale Did In August?

September 30, 2026 Gerald Lucas

If Your Home Has Oil Heat Should You Convert To Gas?

Real Estate Tip:

The cheapest way to heat a home depends primarily on local utility access--a natural gas furnace offers the lowest operational costs where available, followed by an electric heat pump.

Real Estate News:

US home sales in August fell to their lowest level in more than a year and sales of existing homes declined 2%.

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Tags Gerald Lucas, real estate tips, real estate strategies, oil tank, heating oil, natural gas, gas burners, energy savings
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Can Vacation Homeowners Save On Taxes By Renting?, How To Bleed A Radiator In 3 Steps, Fed's Big Interest Rate Decision

September 23, 2026 Gerald Lucas

Can Vacation Homeowners Save On Taxes By Renting?

Real Estate Tip:

3 steps to bleed a radiator: 1) turn off your heating system 2) wait at least 30 minutes for it to cool down so you do not get burned by hot water 3) open the bleed valve at the top corner of the radiator with a radiator key or flathead screwdriver until trapped air escapes and water starts to trickle out.

Real Estate News:

The Federal Reserve voted unanimously Sept. 16 to raise its benchmark interest rate for the first time since 2023 as the Fed sought to address rising inflation concerns, stoked by soaring oil prices driven by the U.S. conflict with Iran.

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Tags Gerald Lucas, real estate tips, real estate strategies, vacation home, depreciation, investment property, fair market value, operating expenses
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