DEAR BENNY: In response to your question about whether it is better to make additional mortgage payments monthly or annually, I believe you are correct that monthly payments are better than if the annual payment is made at year's end.
This weekend only, K. Hovnanian Homes is hosting a "$20K Any Way" sales celebration at Medallion in Manteca. Customers who enter purchase agreements now through Sunday will receive a $20,000 credit they can apply to designer upgrades, structural options, appliances, closing costs or a buydown of their interest rate.
Warmer weather is often considered perfect for cleaning up and cleaning out. As the saying goes, "Out with the old, in with the new." However, according to Molly J. Deas, academic director for Interior Design at The Art Institute of Portland, summer is an ideal time to inject trends of the season and redecorate by reusing items in new ways.
DEAR BENNY: My husband and I signed a contract in November and put $1,000 down. The real estate agent put financing as "n/a" (not applicable) because we were preapproved by our bank. He sent us to a bank and the loan was approved, with a great interest rate and no points. Then problems started.
Do you tend to lean toward traditional designs, but like the convenience of modern technology? If you do, you're not alone. Keep your kitchen pretty and polished with these items that pack a modern punch ... but only on the inside.
DEAR BENNY: I am having problems with my mortgage. I fell on some hard times lately and fell behind on my mortgage payments. My mortgage lender has been dragging this out for over a year. I have been set up on two separate trial payments and made them both with no problem. Now my loan has gone into foreclosure. The lender keeps telling me that I am under review. Can you tell me what options I have to try to keep my home? --Hodges
With 70 days gone by and just 30 days remaining in the K. Hovnanian Homes 100 Days of Summer sales event, customers continue to keep traffic and sales rates high at neighborhood sales centers as they receive special summer savings with their home purchases. More than 80 homes have been sold since the promotion began Memorial Day weekend.
As the negative effects of human impact on the environment become more evident, a strong push toward global conservation continues to grow and gather steam. Scores of corporations have committed to becoming more "green" in recent years and countless environment-focused initiatives and organizations have popped up around the world. But even on an individual level, some small changes to your lifestyle can make a big difference in preserving the Earth for future generations.
Think traditional styling is only for opulent mansions and stuffy country clubs? Well, think again. Traditional design is not only extremely accessible to incorporate into any home, but according to research by the National Kitchen & Bath Association (NKBA), it's the most popular, too. Learn how to take back traditional and customize your own space.
If you've paid attention to any news media over the past few years, you know that the housing market has dropped off. From a seller's perspective, that makes life a lot harder. But for a buyer, it can mean a wider world of options and opportunities. For those want to become owners rather than renters, it's vitally important to make smart decisions - as the markets have shown.
DEAR BENNY: My husband and I recently filed for bankruptcy after our home was foreclosed. My mother is willing to purchase a home in her name (as an investment property) and rent it back to us, as long as we can come up with the down payment for her purchase. My in-laws have agreed to provide the down payment. The terms of the investment loan do not allow the down payment to come from a third party, so the money needs to be "gifted" to my mother.
If you're thinking about creating or upgrading an outdoor living space, you're probably considering what materials to use for your project. You'll likely weigh concerns of cost and quality, durability and beauty before arriving at a final decision. If an outdoor shower is part of your plan, you'll probably consider ceramic tile.
Enjoy the pleasures of home pool ownership and ensure a safer summer for your family by employing a few safety measures around your pool.
Gardeners know that mulch is a great-looking layer of topping on the soil in gardens and landscapes, but mulch is so much more than just a decorative cover. Mirroring the leaf layer found on a forest floor, mulch covering can benefit both plants and soil.
DEAR BENNY: We have an unusual situation. When my dad died, he left a life estate in a house/rented duplex to his widow. My sister and I have managed the duplex for 12 years, with all income going for repairs and any surplus to the widow. We would like to be done with it. His widow does not want to move.
Bathroom remodels are one of the most popular home improvement projects and they provide impressive return on investment. While plenty of focus goes into selecting the perfect tile or ideal shower surround, there's one critical area that too often is overlooked: the lighting.
The heat is definitely on this winter. With winter storms hitting many parts of the country early in the season, furnaces are plugging away, causing rising heating bills. Space heating is the largest energy expense in the average U.S. home, accounting for 45 percent of energy bills, according to the U.S. Department of Energy. Consumers are looking to keep their homes cozy as the temperature continues to drop, while also having manageable utility bills.
Fred Sheil fights crime.
The average American spends an hour a day in the kitchen preparing food and cleaning up afterward, according to the American Time Use Survey by the Bureau of Labor Statistics. Add in the time it takes to put groceries away, load and unload dishwashers, organize cabinets and pantries or just hang out, and you spend a whole lot of time in your kitchen.
Nearly everyone (96 percent) wastes up to an hour each week pre-washing their dishes, according to a recent survey. But the reality is that the outdated ritual of pre-washing can actually result in dirtier dishes and waste a valuable resource - water!
Everyone has a preferred style of kitchen, no matter if you're a chef at heart or just prefer to heat something frozen using the microwave. You may be surprised to discover your personality influences the style of kitchen you prefer. So, do you know what style matches your personality?
WASHINGTON (AP) - U.S. home prices rose at a modest pace in November, held back by weaker sales and a limited number of houses for sale.
WASHINGTON (AP) - Average long-term U.S. mortgage rates rose slightly this week after four straight weeks of declines, while remaining near historically low levels.
Owning a home is part of the American Dream, yet standards on income, credit and debt are making it tougher to buy a home than it was 10 years ago. Even though requirements are relaxing, only three out of five borrowers get approved.
Installing or fixing a faucet can seem like a daunting task. But, in many cases homeowners can update the kitchen and bath themselves - all you need are the right tools, good judgment and a little time to devote to the project.
Do long, winter days holed up indoors have you dreaming of a new deck to relax on come springtime? Whether you envision transforming a deck into a personal sanctuary or building a new outdoor living space for backyard entertaining, now is the perfect time to start turning those dreams into reality.
WASHINGTON (AP) - Construction of new homes rebounded in December, helping to push activity for the entire year to the highest level since the peak of the housing boom nine years ago.
NEW YORK (AP) - U.S. homebuilders are feeling slightly less confident in their sales prospects ahead of the spring homebuying season, traditionally the peak period for home sales.
Homeowners can avoid emergency repairs by completing a few home projects each season. A simple project such as inspecting the plumbing annually can prevent the unexpected cost of repairing water damage from a pipe that burst.
WASHINGTON (AP) - U.S. home rental prices continued to climb at a modest pace in December, but rapidly escalating costs in cities such as San Francisco and Denver suggest that apartment dwellers are facing more financial pressure.