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Gerald Lucas

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Easy Way For Homeowners To Avoid Probate, You Should Know The Different Between These 2 Kinds Of Homeowners Insurance, NJ Electric Bill Relief Proposed

June 24, 2025 Gerald Lucas

Easy Way For Homeowners To Avoid Probate

Real Estate Tip:

Find out if your homeowners insurance uses "actual cash value" method rather than "cost to replace" method to calculate a claim--if so, depreciation will be deducted from your settlement amount, resulting in lower compensation to you in the event of a claim.

Real Estate News:

NJ Gov. Phil Murphy announced a plan in which NJ would provide $430 million with “direct economic relief” to New Jersey energy customers as New Jersey homes are facing electric bills that are up to 20% higher than they were one year ago. 3.9 million ratepayers in New Jersey will receive at least $100 in direct relief, while eligible low-to-moderate income (LMI) New Jerseyans will see at least $150 more deducted from their energy bills.

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Tags Gerald Lucas, real estate tips, real estate strategies, probate, homeowners, property, TOD deed
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