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Gerald Lucas

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3 Home Health Dangers In Older Homes To Avoid, Why Occupancy Agreements Matter, Home Prices Finally Fall-But By How Much?

May 16, 2023 Gerald Lucas

3 Home Health Dangers In Older Homes To Avoid

Real Estate Tip:

If you allow the seller to stay in a property you are buying after the closing, make sure you have an airtight occupancy agreement that clearly spells out the dates of occupancy and the consequences of failure to abide by those dates.

Real Estate Insight:

Home prices in Q1 2023 fell in more parts of the US than they have in over a decade with a third of metro areas posting annual price declines.

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Tags Gerald Lucas, real estate tips, real estate strategies, mold, asbestos, lead, EPA, lead paint
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5 Ways To Save On Home Related Expenses, Property Management 101, US City Rents Soar

May 9, 2023 Gerald Lucas

5 Ways To Save On Home Related Expenses

Real Estate Tip:

A property owner must manage his property manager--regardless of how much responsibility you choose to delegate, when you own property, the buck ultimately stops with you.

Real Estate Insight:

Most U.S. cities are unaffordable based on the most recent data available on market rents and median income.

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Tags Gerald Lucas, real estate tips, real estate strategies, home expenses, water leaks, smart thermostat, ceiling fans, air conditioning, insulation, oven, microwave
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3 Little-Known Ways You Can Lose An Inherited Property, Check This Contract Item Whenever You Buy Property, Office Loan Trouble On The Horizon

May 2, 2023 Gerald Lucas

3 Little-Known Ways You Can Lose An Inherited Property

Real Estate Tip:

When you buy a property, make sure that ALL current property owners sign the purchase contract.

Real Estate Insight:

More banks executives are signaling upcoming trouble for office loans.

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Tags Gerald Lucas, real estate tips, real estate strategies, mortgage, property taxes, municipal liens, water lien, sewer lien, foreclosure
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