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.-
WASHINGTON (AP) - U.S. home rental prices rose at a steady rate in January, but prices barely budged or even dipped in parts of the Midwest and Mid-Atlantic.
LOS GATOS - As millennials enter the home-buying market in larger numbers, builders say homes will get a little smaller, energy-efficient appliances and laundry rooms will be essential, and home technology will become increasingly prevalent. These predictions are based on two surveys conducted by the National Association of Home Builders, one asking home builders what features they are most likely to include in a typical new home this year, and one asking millennials what features are most likely to affect their home-buying decisions. Of the top 10 features mentioned by home builders, four have to do with energy efficiency: low-E windows ...
While you're making resolutions and setting goals, consider adding updating the look of your home to your list. If your walls are looking a little dated, follow these five color suggestions to give your space a renewed look.
WASHINGTON (AP) - Average long-term U.S. mortgage rates rose this week yet remained near historically low levels.
HONOLULU (AP) - Shipping containers: They're strong, durable and portable, stack easily and link together like Legos.
You've been dreaming about digging in your garden, changing your landscaping or improving your house all winter long. Finally the weather is nice, your yard is clear and dry, and it's time for you to get your hands dirty. With the right tools and equipment, you can get all your DIY tasks done while saving time, money and elbow grease.
Want to get the best out of your lawn this year? Implement these simple hacks to keep your lawn green and growing, your equipment up and running, and your yard looking great:
Did you know that the smallest room in your home can be the most dangerous?
WASHINGTON (AP) - Average long-term U.S. mortgage rates fell this week, resuming their downward trend of this year after rising slightly last week. Rates are near historically low levels.
LINCOLN, Neb. (AP) - A judge has dismissed a California real estate broker's lawsuit over a Nebraska law requiring licensing to market Nebraska homes online.
With Phase I 90% sold out, Van Daele Homes has released Phase II at their Waterpointe community at River Island in Lathrop.
Low- and no-maintenance features top the list when making over outdoor living spaces because less time maintaining means more time enjoying.
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.