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Gerald Lucas

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    • An Unexpected Discovery
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How Much Should You Pay For A Home Inspection?, Many Property Rehabbers Fail To Consider This Vital Item, Mortgage Rates & Mortgage Applications

March 11, 2025 Gerald Lucas

How Much Should You Pay For A Home Inspection?

Real Estate Tip:

When you estimate holding costs for a property rehab, consider estimated renovation time as well as the time required to sell the property.

Real Estate News:

Falling mortgage rates have captured the attention of home buyers, as mortgage applications for a home purchase, which is a gauge of future homebuying activity jumped 9% this week.

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Tags Gerald Lucas, real estate tips, real estate strategies, home inspections, radon, termites, mold, foundation, costs
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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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