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Gerald Lucas

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This Makes Condos A Riskier Investment Than Homes, Buying Situation When An Environmental Audit Is Necessary, Sales Of Existing US Homes Takes Surprising Turn

September 2, 2025 Gerald Lucas

This Makes Condos A Riskier Investment Than Homes

Real Estate Tip:

Always get an environmental audit when you buy commercial property or any property that has ever had an underground oil tank.

Real Estate News:

Sales of existing homes in the US rose unexpectedly in July by 2%.

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Tags Gerald Lucas, real estate tips, real estate strategies, condos, homes, insurance, property management
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Which is Better-Concrete Block Or Wood Framed Homes?, Obscure But Powerful Homeowner Insurance Tip, How This Year's Hurricane Season Is Affecting Homebuyer Demand

October 22, 2024 Gerald Lucas

Which is Better-Concrete Block Or Wood Framed Homes?

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:

Nearly one-third (32%) of U.S. residents aged 18-34 say they're reconsidering where they want to move in the future after seeing or hearing about the damage caused by Hurricane Helene.

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Tags Gerald Lucas, real estate tips, real estate strategies, insurance premiums, natural disasters, concrete block homes, wood framed homes, insurance, insulation, mold, wood destroying insects, termites
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7 Things U Can and Cannot Control In Real Estate, What Contractors You Work With Should Have, Home Sales In This Category Fall By More Than In A Decade

May 30, 2023 Gerald Lucas

7 Things U Can and Cannot Control In Real Estate

Real Estate Tip:

Only hire real estate contractors that have established trade lines (credit accounts that allow them to buy supplies and materials themselves)

Real Estate Insight:

Sales of previously owned homes fell in April from the prior month and prices declined from a year earler by the most in more than 11 years.

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Tags Gerald Lucas, real estate tips, real estate strategies, property, interest rates, inflation, property taxes, insurance, land, building materials, labor, price, real estate, transaction, real estate investments, listing agreement, lease, contract, regulations, risk, ROI, return on investment, rent, tenant
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