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Gerald Lucas

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How A Landlord Should Handle A Bogus Lawsuit, What Happens When A Home Stays On The Market For A Long Time?, Which Region & Price Range In NJ Had Highest Home Sales Increase?

March 17, 2026 Gerald Lucas

How A Landlord Should Handle A Bogus Lawsuit

Real Estate Tip:

Overpricing a property reduces its selling price-it inevitably ends with price cutting & a weak negotiating position. The longer a property stays on the market, the less it will sell for. The key to selling a property for top dollar is pricing it correctly in the 1st 30-45 days it's on the market.

Real Estate News:

The Jersey Shore topped the list of N.J.’s most expensive home sales in 2025 with sales of homes in the more than $2.5 million price range up 20% last year.

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Tags Gerald Lucas, real estate tips, real estate strategies, lawsuit, landlord, insurance
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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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