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Gerald Lucas

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Is It OK To Buy A Home In A Flood Zone?, How To Choose Between Contractors For Renovation Projects, Rise In NJ Homes For Sale

October 28, 2025 Gerald Lucas

Is It OK To Buy A Home In A Flood Zone?

Real Estate Tip:

Get at least 3 different contractor estimates on any real estate renovation projects you are considering taking on. Make sure each estimate is for exactly the exact same scope of work so you can make an apples to apples comparison between estimates.

Real Estate News:

The number of homes being offered for sale continues to rise in NJ, increasing by 5,800 homes since the beginning of the year.

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Tags Gerald Lucas, real estate tips, real estate strategies, flood zone, FEMA, flood maps, floodsmart.gov, home insurance premiums
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Is It Smart To Get A Home Equity Line Of Credit?, Big Fix & Flip Cost Insight, How Building Materials Costs Have Changed Over The Past 6 Years

October 21, 2025 Gerald Lucas

Is It Smart To Get A Home Equity Line Of Credit?

Real Estate Tip:

When you estimate holding costs for a property rehab, consider estimated renovation time as well as the time required to sell the property--longer renovation time will result in higher overall costs.

Real Estate News:

Over the past six years, the cost of nearly every major building material — from lumber and steel to concrete and drywall — has risen sharply. Some prices spiked during the pandemic and eased, while others have climbed steadily with no sign of slowing.

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Tags Gerald Lucas, real estate tips, real estate strategies, HELOC, home equity line of credit
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5 Hidden Fees Moving Companies Charge, What To Look For In A Real Estate Attorney, % Of US Real Estate Markets Where Home Prices Are Falling

October 14, 2025 Gerald Lucas

5 Hidden Fees Moving Companies Charge

Real Estate Tip:

If you choose to hire a real estate attorney, select an attorney who specializes in real estate rather than an attorney who is a jack of all trades.

Real Estate News:

Home prices in the US are declining in more than half of local real estate markets.

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Tags Gerald Lucas, real estate tips, real estate strategies, moving costs
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