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Addendums vs. Amendments in Real Estate Contracts: What’s the Difference?

  • August 18, 2024
  • devinlucas

Understanding the difference between addendums and amendments in real estate contracts is crucial for successful transactions, especially in competitive markets like Newport Beach and Costa Mesa. This blog explains when to use each form, ensuring smooth modifications to your agreements. Whether adding terms to an initial offer or making adjustments to an existing contract, knowing how to navigate these documents can make all the difference in securing a successful sale. Learn more about how Lucas Real Estate can guide you through these complexities with expertise and precision.

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How Offering Buyer’s Agent Compensation Can Benefit Sellers

  • August 12, 2024
  • devinlucas

Discover why offering buyer’s agent compensation can benefit sellers in Newport Beach, Costa Mesa, and coastal Orange County. Learn how this strategy attracts more buyers, ensures smoother transactions, and maximizes your property’s value. Stay ahead of real estate changes with Lucas Real Estate’s expert guidance. Read more to find out how to leverage these benefits in your next sale.

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California Association of REALTORS® Open Letter in 39 California Newspapers

  • May 6, 2024
  • devinlucas

Amidst recent developments in real estate, the California Association of REALTORS® (C.A.R.) has taken proactive measures to address potential confusion surrounding buying and selling homes. As part of this initiative, C.A.R. has published an open letter in prominent California newspapers, including the Los Angeles Times and San Francisco Chronicle. The letter aims to clarify upcoming changes in business practices resulting from antitrust lawsuits, emphasizing transparency and consumer awareness.

At Lucas Real Estate, we’re dedicated to staying at the forefront of industry changes and ensuring our clients understand how these new rules will impact their home buying and selling journey. As the landscape of real estate evolves, we remain committed to guiding buyers and sellers through these transitions with expertise and clarity.

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Devin Lucas Published in Advocate Magazine For Insight on Residential Real Estate Mediations

  • July 15, 2023
  • devinlucas

Devin Lucas – REALTOR®, Real Estate Attorney, Real Estate Broker, and Principal at Lucas Real Estate – was recently published in the July 2023 edition of the Los Angeles legal magazine, Advocate Magazine, published by Consumer Attorneys Association of Los Angeles, with an article on residential real estate mediation and compliance with the California Association … Continue Reading

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Real Estate Cancelations, Deposit Disputes and “Force Majeure” Claims Re Coronavirus (COVID-19) – Video Edition!

  • May 1, 2020
  • devinlucas

Join Real Estate Attorney, Real Estate Mediator and Real Estate Broker, Devin Lucas, discuss Real Estate Cancelations, Deposit Disputes and “Force Majeure” Claims Surrounding Coronavirus. Aka Force Majeure, Civil Code 1511, Act of God, Unforeseen Circumstances, Impossibility of Performance, Commercial Frustration, Frustration of Purpose, and other creative phrasing of the same argument. We discuss: 1) … Continue Reading

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Real Estate Cancelations Surrounding Coronavirus (COVID-19)

  • March 24, 2020
  • devinlucas

Can you legally cancel your real estate transaction, or real estate listing, over Coronavirus (COVID-19)?  What options does a buyer have to cancel, what about the seller, what about the REALTOR®?  Read our below article for a preliminary discussion; watch this video where Mr. Lucas explains in detail: No doubt, real estate transactions are being … Continue Reading