DEAR BENNY: I need to write a "request for payment plan" letter to my homeowners association, but I don't know how to write an effective one. I owe several months of back dues totaling about $3,000, which includes attorney's fees and interest. I really need help on writing this letter. I have not paid because of major health issues in 2011 to date. --Liz
July 19, 2012|
By BENNY L. KASS
WASHINGTON (AP) - More than 1.5 million older Americans already have lost their homes, with millions more at risk as the national housing crisis takes its toll on those who are among the worst positioned to weather the storm, a new AARP report says.
We spend hours in the kitchen socializing, keeping the family organized, and, of course, cooking and eating. As the center of the home's activities, the kitchen should be as fun as it is functional. With just a few supplies and a free weekend, you can cook up a whole new look for your kitchen.
A little black dress, a great pair of jeans and a leather jacket - some styles never go out of fashion. Some elements of home decor share that same sense of timelessness, and none more so than a simple floral theme.
DEAR BENNY: My homeowners association fees are of great concern to me, since I am on a limited income. The monthly fees are $399, and this, combined with my mortgage payments of nearly $1,400, creates a burden. I have been a widow since 1973 and am, of course, a "retired" senior with no retirement income benefits.
The real estate market is still in a state of limbo, which has many homeowners staying in place and looking for ways to make their current abode the most comfortable it can be. Real estate agents expect the market to continue to be flat in 2012, according to ActiveRain Corp, a real estate social network. Because they're not selling, homeowners are looking at remodeling rooms, changing out decorating schemes and in some cases, even adding on to the home.
LOS ANGELES (AP) - Banks are increasingly placing homes with unpaid mortgages on a countdown that could deliver a swell of new foreclosed properties onto the market by early next year, potentially weighing further on home values.