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Gerald Lucas

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Gerald Lucas

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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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Will Late Rent Payments Hurt Your Credit?, Contractor Strategy You Need Before You Buy A Property That Needs Renovations, Incentive-Based NJ Zoning Reform

March 4, 2025 Gerald Lucas

Will Late Rent Payments Hurt Your Credit?

Real Estate Tip:

Confirm your contractor's availability to work before you commit to buying a property that needs extensive renovations and make sure you have backup contractors that can fill in if things don't work with the contractor(s) you hire.

Real Estate News:

NJ state lawmakers are hoping to create new housing in New Jersey with an incentive-based approach, unveiling a bill that would boost aid to municipalities that update their zoning to allow for higher-density residential development.

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Tags Gerald Lucas, real estate tips, real estate strategies, credit report, credit score, rent payments, landlords, credit bureaus
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3 Quick Repairs To Help Sell A Home, Home Insulation Tip, Mortgage Rates Move Finally

February 25, 2025 Gerald Lucas

3 Quick Repairs To Help Sell A Home

Real Estate Tip:

Insulate ductwork that runs under your house or through unheated areas with blanket insulation.

Real Estate News:

Mortgage rates fell slightly last week, continuing a streak of decreases after a recent surge above 7% at the beginning of the year.

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Tags Gerald Lucas, real estate tips, real estate strategies, home repairs, home values
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