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Gerald Lucas

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3 Things Most Home Insurance Policies Don’t Cover, The Best Way To Pay Contractors, US Housing Starts For March 2026

May 19, 2026 Gerald Lucas

3 Things Most Home Insurance Policies Don’t Cover

Real Estate Tip:

When you negotiate with contractors on renovation projects always pay by the job not by the hour. When you pay by the hour, it takes longer and costs you more money!

Real Estate News:

US housing starts rose 10.8% in March.

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Tags Gerald Lucas, real estate tips, real estate strategies, home insurance policies, homeowner's insurance
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3 Risks To Building A Home Addition, Tip To Pay NO Taxes When You Sell Property, How Much NJ Home Price Growth Exceeds National Average?

May 12, 2026 Gerald Lucas

3 Risks To Building A Home Addition

Real Estate Tip:

You can defer paying taxes on realized gains on the sale of investment property by utilizing IRS code 1031 (common known as a 1031 like-kind exchange).

Real Estate News:

New Jersey outpaced the rest of the US in housing market price growth rising almost 6% in February compared to the US national average home price growth of only 0.5%.

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Tags Gerald Lucas, real estate tips, real estate strategies, home addition, zoning, setback, safety codes
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Can You Just Sell A House You Inherit?, The Result When You Ask For Too Much Money When You Sell Your Home, US Foreclosure Filings Jump

May 5, 2026 Gerald Lucas

Can You Just Sell A House You Inherit?

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 first few weeks it's on the market.

Real Estate News:

US foreclosure filings hit a six-year high in the first quarter of 2026.

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Tags Gerald Lucas, real estate tips, real estate strategies, probate, court, inherit
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