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Gerald Lucas

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How The MLS Helps Homeowners Sell For Top Dollar, Real Estate Auction Risks To Avoid, Existing Home Sales Fall AGAIN

December 12, 2023 Gerald Lucas

How The MLS Helps Homeowners Sell For Top Dollar

Real Estate Tip:

Be very careful if you participate in a real estate auction. Auctions encourage impulsive behavior and at most auctions there's usually someone dumb enough to pay too much for a property-- better to let that person win. No one ever got rich paying too much for something!

Real Estate News:

Existing home sales fell 4.1% in October from the prior month to the lowest seasonally adjusted annual rate in 13 years.

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Tags Gerald Lucas, real estate tips, real estate strategies, MLS, multiple listing service, realtor, local broker marketplace, price, net money, highest price
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Can Home Sellers Leave Their Stuff In The Home After Closing?, What The Best Real Estate Deals Look Like, Housing Affordability Plunges Further

December 5, 2023 Gerald Lucas

Can Home Sellers Leave Their Stuff In The Home After Closing?

Real Estate Tip:

Most of the best real estate deals will involve properties that are in need of repair. In order to capitalize on these rehab deals, you or someone you work with will need to know how much time and money are required to renovate these properties.

Real Estate News:

Rising mortgage rates, elevated construction costs and limited existing inventory helped push housing affordability in the third quarter of 2023 to its lowest level in more than a decade.

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Tags Gerald Lucas, real estate tips, real estate strategies, purchase contract, written agreement, seller credit
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Should You Buy A New Home Before Selling Your Old One?, This Should Be Your First Step When You Buy A Real Estate, Sales Of New Single Family Homes Rise

November 28, 2023 Gerald Lucas

Should You Buy A New Home Before Selling Your Old One?

Real Estate Tip:

Get a thorough home inspection before you buy real estate and get one before you pay for an appraisal just in case the inspection reveals something so major you decide against buying the property.

Real Estate News:

Sales of new single family homes in the US were way up in September.

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Tags Gerald Lucas, real estate tips, real estate strategies, financial decision, peace of mind, mortgage payment, flexibility, risk, sold, buy
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