DEAR BENNY: I understand that when homebuyers sign closing documents, they are routinely required to sign a blanket form allowing the lender to access IRS records with no time limit. The form says not to sign it unless dates are specified on the form, but lenders routinely insist they be signed without any specification as to which years of IRS records are covered.
WASHINGTON (AP) - U.S. home prices jumped by the most in 6 ½ years in December, spurred by a low supply of available homes and rising demand.
NEW YORK (AP) ‑ Low mortgage rates have made buying a home more affordable and turned rentals into an attractive option for investors.
Winter can seem like an eternity. Yet when it comes to your credit profile, house-hunting and the spring real estate season is just around the corner.
What your home is worth to you is one thing; what it's worth to someone else may be totally different. If you want to boost the value of your home for yourself and in the eyes of others, one of the best ways to do that in today's real estate market is to make green home improvements.
As temperatures increase, your thoughts may wander to spending time outside sharing conversation, drinks and meals with friends and family.
LOS ANGELES (AP) - Lenders took possession of fewer U.S. homes in 2012 than a year earlier, as the pace of new homes entering the path to foreclosure slowed and banks increasingly opted to allow troubled borrowers to sell their homes for less than what they owed on their mortgage.
Home ownership is an important investment that can create both a sense of pride and a place in the world that is all your own. While the investment in purchasing or building your own home is sizeable, letting your home fall into disrepair can be even more costly. However, home maintenance doesn't have to be a daunting task. By following a few simple steps and making maintenance a regular activity, you'll not only preserve the quality of your home, but you'll likely save money over the long term.
DEAR BENNY: I offered full price -- $168,000 -- for a home in foreclosure. The bank came back with a refusal and a new sales price of $240,000. That is $72,000 over the asking price. Is this legal? --Marie
Here's a sobering thought: There are as many as 1.58 million mortgages nationwide that are 90 or more days delinquent but not in foreclosure.
We're all looking forward to a fresh start at the beginning of the new year: Whether it's an updated fitness regime, pursuing new hobbies or getting organized, there are a slew of resolutions to try. In 2013, why not make a few changes to not only yourself, but also your home? By incorporating cutting-edge design trends, you'll add style and color that's perfect to kick-start the year.
DETROIT (AP) - A dozen homes in Detroit have been mistakenly demolished, a city official says.
WASHINGTON (AP) - Federal regulators for the first time are laying out rules aimed at ensuring that mortgage borrowers can afford to repay the loans they take out.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose this week but remained close to record lows. Cheap mortgages have made home buying more affordable and helped drive a housing recovery.
If April showers bring May flowers, what do winter's snowflakes bring? Perhaps it's an excuse to curl up with your favorite magazines and imagine the kitchen makeover of your dreams. When the cold winter months keep you indoors, use the time to take care of things that will make your remodeling plans much easier to tackle in the spring.-
Do not buy a house.
Sunny summer months are the perfect time for a colorful home refresh. With open windows, warm weather and the tips below, you can check painting off your list in a breeze and head back outdoors to enjoy the weather.
WASHINGTON (AP) - Americans bought homes in June at the fastest rate in over eight years, pushing prices to record highs as buyer demand has eclipsed the availability of houses on the market.
WASHINGTON (AP) - Average long-term U.S. mortgage rates fell this week, retreating from highs for the year and amplifying the incentive for prospective home buyers.
To The Real Estate Boys; For the last few weeks my husband and I have been following the nightly news and of course the newspapers and a few magazines about Greece and their economic problems. In 800 words or less how will the outcome affect us here in the Valley, if at all? A short and to the point question and answer please.
WASHINGTON (AP) - Fewer Americans bought new homes in June, a possible sign that the real estate market might not be as hot as it appeared at the start of summer.
WASHINGTON (AP) - The U.S. housing market has sizzled this summer, lifting expectations that home sales will finally help drive an economic expansion now in its seventh year.
If you are renovating any area of your home, it may be time to try something new-such as bringing tile into main living areas in addition to your bathrooms and kitchen. New designs, styles and technologies are making tile the most versatile and accessible flooring material.
Turning your backyard into an outdoor living oasis can be a tough project to start. Between product choices and design ideas, planning your ideal outdoor space can mean a lot of research and time at the local home improvement store.
Most people probably think of windows and skylights only when they're buying or selling a house, when they get dirty, when they leak, or when the kid next door lobs a baseball through one. Yet the glass in your home is arguably among its most important features, directly impacting the structure's overall energy efficiency and livability.
SAN DIEGO (AP) - California home sales surged in June on a strong economy and low interest rates as prices reached seven-year highs, a research firm reported Friday.
WASHINGTON (AP) - U.S. builders broke ground on apartment complexes last month at the fastest pace in nearly 28 years, as developers anticipate that recent jobs gains will launch a wave of renters
Real Estate Boys: Hope you are having a great summer so far. Our question for the Boys is simple and easy. What is the shape of the local market? We often hear and read about the national real estate market and yeah, while we care we really don't. It's the local market that affects me. And you Boys should know, "It's all about me, you know."
Q: My wife and I are in our eighties and would like your comments regarding a very critical decision concerning our future.
NEW YORK (AP) -U.S. homebuilders' confidence in the market for new homes is back up to levels not seen since the height of the housing boom a decade ago.