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Gerald Lucas

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Is It Better To Pay Your Mortgage Biweekly Or Monthly?, Do This Before You Pay For A Home Appraisal, Big Mortgage Market Shift

January 27, 2026 Gerald Lucas

Is It Better To Pay Your Mortgage Biweekly Or Monthly?

Real Estate Tip:

Get a thorough home inspection before you buy a home and get it before you pay for an appraisal just in case the inspection reveals something so major you decide against buying the home.

Real Estate News:

For the first time, the number of homeowners with mortgages above 6% has outpaced those with borrowing rates under 3%.

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Tags Gerald Lucas, real estate tips, real estate strategies, biweekly mortgage payments, monthly mortgage payments, home equity, interest, principal, pre-payment penalty
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Do FHA Loans Have Higher Interest Rates Than Conventional Loans?, 1st Step When You Do A Property Rehab, Big Change In Number Of NJ Properties For Sale

August 12, 2025 Gerald Lucas

Do FHA Loans Have Higher Interest Rates Than Conventional Loans?

Real Estate Tip:

Line up multiple potential funding sources first as you plan a property rehab, renovation or fix & flip.

Real Estate News:

The number of homes being offered for sale continues to rise in NJ, increasing by 48% since the beginning of the year.

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Tags Gerald Lucas, real estate tips, real estate strategies, house flipping, property flipping, fraud, FHA loans, conventional mortgage loans, APR, PMI, home equity
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Question You Must Ask A Contractor Before You Hire Him, How To Avoid Paying Too Much For A Property, US Home Construction Falls Sharply

July 5, 2022 Gerald Lucas

Question You Must Ask A Contractor Before You Hire Him

Real Estate Tip:

The best way to avoid paying too much for a property is to never offer too much.

Real Estate Insight:

US home construction fell sharply in May.

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Tags Gerald Lucas, real estate tips, real estate strategies, 203K loan, mortgage insurance premium, lender, home equity, finance, risk, foreclosure
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