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Must-knows before selling home to daughter

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.

March 22, 2012 | | HOME SCENE


Designing your home office for maximum comfort & productivity

There's no doubt that we're a connected society - and connected like never before through email, social networks, video conference technology, instant messaging, smart phones, the list goes on. While this influx in connectivity has made it easier to do business, it has also blurred the lines between work and home life, resulting with many of us working in our homes at least a few hours each week. If your kitchen countertop has become your go-to place for paying bills, responding to emails and conducting business, it may be time to consider adding a dedicated office space in your ...

March 22, 2012 | | HOME SCENE


Five easy spring cleaning tips

Spring is here, which means one thing: it's time to get your home in tip-top shape. By completing a few easy tasks, you can spend more time soaking up the sun and less time on interior projects. Here are five ways to spruce up your home this spring to prepare for a relaxing summer - and give your home that "spring cleaning" feel without spending the entire spring, well, cleaning.

March 15, 2012 | | HOME SCENE


Some states saw spike in foreclosures

LOS ANGELES (AP) - Foreclosure activity surged last month across about half of the nation's states, as banks tackled a backlog of homes with mortgages that had gone unpaid yet remained in limbo due to delays stemming from foreclosure-abuse claims.

March 15, 2012 | | HOME SCENE


Program helps people become homeowners

JONESBORO, Ark. (AP) - Single mother Melissa Davis used to live in public housing but dreamed of owning her own home.

March 15, 2012 | | HOME SCENE


Rate on 30-year loan rises to 3.92%

WASHINGTON (AP) - The average rate in the U.S. on the 30-year fixed mortgage hovered near historic lows this week, making home-buying and refinancing more attractive to those who can qualify.

March 15, 2012 | | HOME SCENE


Changes in the housing Changes in the housing market

Last week I talked about how I am seeing more "for sale" signs coming out on properties in my area. Reports around the country are similar to mine and it appears that homeowners who have been waiting to sell, are beginning to believe that the market is turning and that now is time to test the waters.

March 15, 2012 | By DEBORAH ROMERO Special to the Bulletin | HOME SCENE


Must-knows before selling home to daughter

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.

March 15, 2012 | | HOME SCENE


Bank of America to reduce loans for 200K homeowners

NEW YORK (AP) - Bank of America is providing mortgage relief to about 200,000 homeowners.

March 15, 2012 | The Associated Press | HOME SCENE


Home improvements that pay off big

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.

March 15, 2012 | | HOME SCENE


Average rate on 30-year mortgage still a bargain dipping to 3.88 percent

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.

March 08, 2012 | | HOME SCENE


Woodside Homes begins spring fling bonus event

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.

March 08, 2012 | | HOME SCENE


Home-readiness tips for sports fans

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.

March 08, 2012 | | HOME SCENE


Obama unveils another housing plan

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.

March 08, 2012 | | HOME SCENE


Q&A on administration's latest mortgage-aid plan

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.

March 08, 2012 | | HOME SCENE


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Articles by Section - HOME SCENE


FHA loan limits need to go up

Most first-time buyers can come up with the income to comfortably cover a monthly house payment but often lack the money needed up front.

December 12, 2014 | Dennis Wyatt | HOME SCENE


3% DOWN LOANS

WASHINGTON (AP) - Some Americans will soon be able to buy a home with a down payment as low as 3 percent, compared with the current minimum of 5 percent, the mortgage giants Fannie Mae and Freddie Mac say.

December 12, 2014 | | HOME SCENE


Create a happy homemade Christmas setting this year

One of the best ways to kick off the holiday season is to decorate. And while it's easy to load your cart with beautiful decor from your favorite store, Christmas is more personal when decorations are homemade.

December 12, 2014 | | HOME SCENE


Bathroom upgrades to impress guests & family

Game night, girls' night or family reunion – your home serves as the backdrop for many occasions. Preparing your space for friends and family can feel like a heavy undertaking, but with a few simple entertaining tips, hosts can wave goodbye to anxieties.

December 12, 2014 | | HOME SCENE


Reurposing garage doors into walls with a view

Have you ever admired a coffee table cleverly fabricated using a discarded door sitting on a frame? Or been surprised by the sight of an old refrigerator reborn as a bookshelf or TV cabinet? Even bathroom fixtures have been known to draw notice (and a snicker or two) when repurposed as garden containers.

December 12, 2014 | | HOME SCENE


Average 30-year loan rate increases to 3.93 percent

WASHINGTON (AP) - Average U.S. long-term mortgage rates edged higher this week after four weeks of declines, but they remained at historically low levels that could entice potential homebuyers.

December 12, 2014 | | HOME SCENE


Tips to keep garden & hand tools in top shape

From painting supplies to gardening and hand tools, buying well-made home improvement tools can help improve project results. The tools you use may be an investment, so you'll want to take care of them to ensure they last for more than just one project.

December 12, 2014 | | HOME SCENE


Master bathroom trends for homes in 2015 & beyond

When it comes to renovating spaces in your home, the master bath should be top of mind. Leading master bath trends for 2015 go beyond functionality to incorporate features that complement the design aesthetic and provide a touch of luxury for lasting results.

December 12, 2014 | | HOME SCENE


Let her handle the money

Despite the earning power of today's women, many still shy away from investing and long-term planning. One of the reasons may be a lack of confidence. A 2014 report by the Transamerica Center for Retirement Studies found that half of women say they are not confident about the ability to retire comfortably.

December 05, 2014 | | HOME SCENE


5 ways to protect your home the holidays

When you think of the holidays, celebrations, presents and friends likely come to mind - not crime. Unfortunately, burglaries increase at this time of year, and your home could be a target. With a few simple safety precautions, you can protect your property, your family and your valuables now and well into the new year.

December 05, 2014 | | HOME SCENE


SPRUCE UP

The fun chaos of the holidays is right around the corner. Family gatherings to plan, delicious meals to prepare, gifts to find and purchase, and a house to decorate ... the list goes on!

December 05, 2014 | | HOME SCENE


Average US 30-year loan rate falls to 3.89 percent

WASHINGTON (AP) - Average U.S. long-term mortgage rates fell for the fourth straight week, a continuing boon for potential homebuyers.

December 05, 2014 | | HOME SCENE


Troubled US homeowners get more relief

WASHINGTON (AP) - Homeowners whose mortgages were modified to stave off foreclosure could next year receive an additional $5,000 reduction in their loans from the government, the Treasury and Housing and Urban Development departments said Thursday.

December 05, 2014 | | HOME SCENE


How to cut clutter & take back your home

You've reached your breaking point. You've tripped over the same thing in the living room too many times. Now you've picked it up to finally put it away and you realize - you have nowhere to put it. You have too much clutter in your home. So what do you do? How do you decide where to start so you can reduce the clutter in your home and make your walkways safe once more?

December 05, 2014 | | HOME SCENE


Taking a spin down Memory Lane

OK you Real Estate Boys; I am fairly new to Turlock and so far love it here and love the Valley. When I moved from the right coast mid-summer my Realtor kept telling me all the neat things about Turlock and I couldn't stop thinking about John and Paul's "She Loves You." Yeah, yeah, yeah. "You're just saying that stuff." Well, 6 months into my new life I am now saying the same about my newly adopted home. I'm sort of hoping you Boys can tell me some of the changes you've seen over the ...

December 05, 2014 | | HOME SCENE


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