DEAR BENNY: I own two properties and would like to sell my current residence to my daughter and her husband, and move into the other. Its assessed tax value is about $150,000, but I'd like to sell it to them for about $200,000 interest-free. Both my houses are paid off so I don't need any down payment from them.
NEW YORK (AP) - Bank of America is providing mortgage relief to about 200,000 homeowners.
It's beautiful outside and the last thing you want to do is spend all of your spare time working on your home when you could be playing or spending time with loved ones.
WASHINGTON (AP) - Fixed-rate mortgages remain a bargain at the start of the spring-buying season: The average rate on the 30-year mortgage dipped this week, while the 15-year loan fell to a new record low.
Woodside Homes celebrated the start of its Spring Fling Bonus sales event last weekend, giving buyers their choice of five valuable move-in bonuses with the purchase of a new home.
As the weather gets warmer, fans anxiously wait for their favorite sport to take center stage. College basketball fans fill out their brackets, golfers dust off their clubs and dream about green jackets, baseball diamonds are prepped for opening day and the professional basketball playoff run starts heating up.
WASHINGTON (AP) - President Barack Obama is aiming mortgage relief at members of the military as well as homeowners with government-insured loans, the administration's latest efforts to address a persistent housing crisis.
WASHINGTON (AP) - The Obama administration is offering some relief to homeowners who have government-backed mortgages. Under a program President Barack Obama unveiled Tuesday, the government would cut the fees it charges to insure those borrowers.
The European Debt crisis has been noticeably absent from the news this week. No the crisis is not solved…however it does seem like the imminent reports of a Greek debt default have gone away. The stock market investors don't know what to do with themselves. The market continues to trade within a very narrow range. Gas prices are hurting at the pump but not enough to really have consumers changing their spending habits.
DEAR BENNY: In a recent column you mentioned a renter who has a lease with an option to purchase the property and who makes his rent payments as agreed, but the property owner has not been paying the mortgage and is heading towards foreclosure.
If the warmer temperatures, bright sunshine and greening of spring give you the urge to clean, you're not alone. If you want to make spring cleaning easier, especially outdoor spring cleaning, a little planning will save lots of elbow grease.
Buyers apparently sense a change in the wind.
WASHINGTON (AP) - Home prices fell in December for a fourth straight month in most major U.S. cities, as modest sales gains in the depressed housing market have yet to lift prices.
SACRAMENTO (AP) - State Attorney General Kamala Harris promoted legislation Wednesday to reform the mortgage process in California and provide more protections for homeowners, three weeks after she secured $18 billion for California in a nationwide bank settlement.
Spring's new growth and warm sunshine provide inspiration for renewal in our lives. It's a time to pack away the sweaters and boots for lighter layers and brimmed hats. Homeowners should embrace this same mindset - one where you pack away the heavy textures and colors of winter in favor of breezy fabrics and fun decor that inspire a fresh feeling in your house.
Homeowners, builders and remodelers are always looking for innovative and new ways to enhance existing spaces during home makeovers and room renovations.
Fifty-six percent of adults who completed home improvements in the past year spent $1,000 or more, according to The Scarborough Report. Next time you're faced with a home improvement project, instead of wasting money throwing away fixable objects or hiring professionals for quick and easy repairs and improvements, keep these money-saving tips in mind. Here are five simple life hacks to help you throughout your entire home and trying one just might make you $40,000 richer!
WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell after three weeks of increases, edging closer to historically low levels.
While cooler temperatures slowly fade, gardeners across the country eagerly await the arrival of spring - and the chance to get outdoors and grow something. If gardening is your passion, you don't have to wait until the weather is perfect to get started. In fact, working ahead by growing your own seedlings is a great way to ensure your garden is successful throughout the warmer months.
With spring just around the corner, now is the perfect time to tune up your lawn mower for the season ahead. A yearly tune-up is important to ensure all parts of your mower are functioning properly and safely. Use these eight tips to rev up your engine and get your mower ready for spring:
To help get your lawn ready for use and enjoyment this season, the Craftsman brand has developed the following tips to ensure that your lawn kicks grass, takes names and becomes the envy of neighbors everywhere.
MADISON, Wis. (AP) - While tiny houses have been attractive for those wanting to downsize or simplify their lives for financial or environmental reasons, there's another population benefiting from the small-dwelling movement: the homeless.
When selling a house, the mantra for most is neutral, neutral, neutral. To help potential new owners envision themselves moving in, real estate experts remind sellers to de-personalize their homes. That means removing family photos and mementos and replacing favorite color schemes with more vanilla shades and hues. So as a new homeowner, how do you begin to de-neutralize your new house to make it your new home?
WASHINGTON (AP) - U.S. home prices fell for the second straight month in December as brutally cold weather, tight supply and higher costs slowed sales.
WASHINGTON (AP) - A surprisingly strong pace of new-home sales last month has boosted hopes that the spring buying season will be solid enough to lift the overall economy.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose for a third straight week as new data showed a surprisingly strong pace of new-home sales last month. Rates still remain near historically low levels.
WASHINGTON (AP) - Mortgage giant Freddie Mac posted net income of $8.6 billion for the October through December period, its ninth straight profitable quarter. Earnings were boosted by the continued rise in home prices, which reduced the amounts the company had to set aside to cover losses on mortgages.
LOS ANGELES (AP) - Many of the winners who will take home an Oscar on Sunday have long been forecast, their triumph made seemingly self-evident after months of anticipation. That is, except for one little category: best picture.
BISMARCK, N.D. (AP) - North Dakota's oil boom isn't just driving up housing prices at the epicenter. Getting a roof overhead is getting more expensive throughout the state, with the average value of a home sold last year topping $200,000 - up more than 20 percent from 2011, a real estate trade group says.
NMEW YORK (AP) - U.S. homebuilders' confidence in the housing market declined sharply this month as the severe weather battering much of the nation keeps many would-be buyers at home.