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Gerald Lucas

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Mortgage Loans With No Down Payment, How To Scrutinize Your Credit Report Before You Apply For A Mortgage, Office Space Replacement Nationwide

February 27, 2024 Gerald Lucas

Mortgage Loans With No Down Payment

Real Estate Tip:

Investigate and correct mistakes on your credit report BEFORE you apply for a mortgage.

Real Estate News:

Across the US, housing is increasingly replacing office space at former headquarters sites.

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Tags Gerald Lucas, real estate tips, real estate strategies, mortgage financing, mortgage, down payment, USDA, United States Department Of Agriculture, VA, Veteran's Affairs, loan
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Can You Force A Mortgage Co-Borrower To Pay Their Share?, The REAL Value Of A Home, Big Retailers Take Harder Line

November 7, 2023 Gerald Lucas

Can You Force A Mortgage Co-Borrower To Pay Their Share Of A Monthly Payment?

Real Estate Tip:

Never use a seller’s asking price as a gauge of market value for a property. A property owner may request any price for his property-this may or may not be anywhere near market value. The current market value of a residential property is based primarily on what a similar property has sold for in the last 6 months.

Real Estate News:

Some of the nation's largest retailers are taking a harder line when it comes to deciding whether to preserve or permanently shut struggling outposts, a shift that has resulted in a number of high-profile closings as some brands appear no longer willing to stick it out in challenging locations.

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Tags Gerald Lucas, real estate tips, real estate strategies, mortgage, co-borrower, suit for partition, sale, jointly liable, loan
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3 Kinds of Real Estate Collateral, Due Diligence Before Buying Rental Property, Commercial Borrowing Plummets

June 13, 2023 Gerald Lucas

3 Kinds of Real Estate Collateral

Real Estate Tip:

Do a complete and thorough local rental demand analysis before you sign a contract to buy a rental property

Real Estate Insight:

Commercial borrowing declined 42% in Q1 2023 in all major property categories and from all major lender sources.

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Tags Gerald Lucas, real estate tips, real estate strategies, property, real estate, home prices, collateral, personal guarantee, assignment of rents, loan, mortgage
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