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Gerald Lucas

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5 Options When You Inherit A Home With A Mortgage, Do You Have To Get A Home Inspection When You Buy A Home? Fannie Mae's Latest Updates To Its Equitable Housing Finance Plan

May 28, 2024 Gerald Lucas

5 Options When You Inherit A Home With A Mortgage

Real Estate Tip:

Get a home inspection before you buy a home. If the required renovations and repairs identified in the inspection report are beyond your capacity to deal with, move on to another home.

Real Estate News:

Fannie Mae has unveiled its latest upgrade to the 2022-2024 Equitable Housing Finance Plan, aimed at dismantling obstacles to housing and home ownership while The National Association of Home Builders has introduced a comprehensive 10-point housing plan aimed at combating shelter inflation and alleviating the housing affordability crisis by dismantling obstacles impeding the construction of buildings.

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Tags Gerald Lucas, real estate tips, real estate strategies, refinance mortgage, mortgage, inherit, home, heirs
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Can A Tenant Renegotiate Their Lease?, The Magic Of Skip Tracing, Office Building Conversion Explosion

May 21, 2024 Gerald Lucas

Can A Tenant Renegotiate Their Lease?

Real Estate Tip:

If you find an abandoned property you'd like to buy, check the local tax records or enlist a skip-tracing service in ordert to locate the owner so that you can make a purchase offer.

Real Estate News:

A fourfold increase in former office buildings being converted into apartments has occurred since 2021 in the US.

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Tags Gerald Lucas, real estate tips, renter, tenant, lease, renegotiate, contract, functional termination, formal lease termination, sublease, lease buyout, real estate strategies
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The Best Time For A Renter To Buy A Home, Managing Your Property Manager, Sales To First Time Homeowners Slip

May 14, 2024 Gerald Lucas

The Best Time For A Renter To Buy A Home

Real Estate Tip:

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

Real Estate News:

First-time home buyers' share of existing home sales fell to 26% from 28% in January.

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Tags Gerald Lucas, real estate tips, real estate strategies, renter, homeowner, mortgage, mortgage pre-approval
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