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Gerald Lucas

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Title Company Or Attorney-Which Is Better To Buy-Sell Property?, How Overpricing Leads To A Lower Final Sale Price, Weekly Mortgage Loan Demand Briefly Jumps Amid Tariff Turmoil

April 22, 2025 Gerald Lucas

Title Company Or Attorney-Which Is Better To Buy-Sell Property?

Real Estate Tip:

Overpricing a property reduces its selling price-it inevitably ends with price cutting & a weak negotiating position. The longer a property stays on the market, the less it will sell for. The key to selling a property for top dollar is pricing it correctly in the 1st 30-45 days it's on the market.

Real Estate News:

Weekly mortgage loan demand jumped 20% last week, as tariff volatility briefly tanked rates.

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Tags Gerald Lucas, real estate tips, real estate strategies, title company, title search, attorney
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How Tariff-Induced Market Gyrations Will Affect Real Estate, Sure Fire Way To Lower Contractor Costs, How New Tariffs Impact Construction Costs

April 15, 2025 Gerald Lucas

How Tariff-Induced Market Gyrations Will Affect Real Estate

Real Estate Tip:

Pay for property renovation projects by the job not by the hour. When you pay by the hour, it normally takes more time and costs you more money.

Real Estate News:

The new tariffs Trump recently announced would raise construction costs because nearly all imports would be subject to 10% 'baseline' tariffs.

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Tags Gerald Lucas, real estate tips, real estate strategies, tariffs, stock market, uncertainty, home prices, construction costs, building materials, steel, lumber, drywall, financial markets
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Is A Final Walk through Necessary When You Buy A Home?, Home Inspection Tips, The Fed's Latest Decision

April 8, 2025 Gerald Lucas

Is A Final Walk through Necessary When You Buy A Home?

Real Estate Tip:

When you're buying a property, attend the home inspection, ask lots of questions and listen so you don't misinterpret what's written in the inspection report.

Real Estate News:

The Federal Open Market Committee's decided to hold interest rates steady and lower it's gross domestic product projections for 2025.

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Tags Gerald Lucas, real estate tips, real estate strategies, final walkthrough, vacant property, home inspection report, repairs, purchase contract
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