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Gerald Lucas

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When Will NJ Home Prices Stop Rising?, Why You Should Always Pay For Oil Tank Scans When You Fix & Flip, Millions Behind On Mortgage Payments

September 21, 2021 Gerald Lucas

When Will NJ Home Prices Stop Rising?

Real Estate Tip:

Always pay for a tank scan to check for underground oil tanks during your purchase contract's inspection period when you buy property.

Real Estate Insight:

1.5 million homeowners are 90 days or more behind on their mortgage payments but not in foreclosure. Those who aren’t forced out will still be displaced if selling is their only option, and an estimated 1 in 10 borrowers in forbearance will not have enough equity to sell.

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Tags Gerald Lucas, real estate tips, real estate stratgies, home prices, buyers, rental prices, home inventory, tipping point, NJ home prices, market equilibrium
← What To Do When A Home Does Not Appraise For Purchase Price, Oil Tank Test Strategy, New Home Sales FallWhy There's No Such Thing As A Seller's Market, The Perils Of Overpricing, Building Materials Price Changes →

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