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Gerald Lucas

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3 Risks To Building A Home Addition, Tip To Pay NO Taxes When You Sell Property, How Much NJ Home Price Growth Exceeds National Average?

May 12, 2026 Gerald Lucas

3 Risks To Building A Home Addition

Real Estate Tip:

You can defer paying taxes on realized gains on the sale of investment property by utilizing IRS code 1031 (common known as a 1031 like-kind exchange).

Real Estate News:

New Jersey outpaced the rest of the US in housing market price growth rising almost 6% in February compared to the US national average home price growth of only 0.5%.

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Tags Gerald Lucas, real estate tips, real estate strategies, home addition, zoning, setback, safety codes
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Can You Just Sell A House You Inherit?, The Result When You Ask For Too Much Money When You Sell Your Home, US Foreclosure Filings Jump

May 5, 2026 Gerald Lucas

Can You Just Sell A House You Inherit?

Real Estate Tip:

Overpricing a property reduces its selling price-it inevitably ends with price cutting & a weak negotiating position. The longer a property stays on the market, the less it will sell for. The key to selling a property for top dollar is pricing it correctly in the first few weeks it's on the market.

Real Estate News:

US foreclosure filings hit a six-year high in the first quarter of 2026.

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Tags Gerald Lucas, real estate tips, real estate strategies, probate, court, inherit
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3 Ways To Find A Leak In A Home, The Final Step When Buying A Property, Mortgage Rates Switch Directions Again

April 28, 2026 Gerald Lucas

3 Ways To Find A Leak In A Home

Real Estate Tip:

Do all your research & homework BEFORE you make your first offer to purchase a property--the offer is the last step.

Real Estate News:

The average long-term U.S. mortgage rate dropped for the third week in a row to 6.23% from 6.3% last week.

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Tags Gerald Lucas, real estate tips, real estate strategies, water leaks
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