Outdoor living spaces cry out for an eco-friendly touch. Whether you're adding a patio, updating a deck or livening up your landscaping, the last thing you want to do is harm the environment. Greener decorating and building practices can help you protect and pay homage to Mother Nature while creating a space where you'll enjoy the beauty of the outdoors.
SAN DIEGO (AP) - Robert and Emerald Oravec were itching to sell their condominium late last year to move closer to a favorite surfing spot, but they were stuck. They owed the bank $194,000 and figured the most they could get was $180,000.
Q: My husband and I purchased a home in October of 2010 using an FHA mortgage through Bank of America. We had a 30-year fixed rate mortgage with a PMI requiring "up-front" money of $4,635.61 and a monthly premium. Luckily we were able to sell our previous home which was mortgage free and, together with savings, paid off this mortgage in February 2013 - about 28 months into the 30-year commitment. Looking at the FHA/HUD website it states that a refund of some of the premium money is available if the following three criteria are met:
WASHINGTON (AP) - The U.S. government said Monday that it has received $66.3 billion in dividend payments from Fannie Mae and Freddie Mac after both reported stronger earnings at the start of the year.
Sabal Financial Group, a diversified financial services firm specializing in real estate, lending and banking, has closed a construction loan in the amount of $9.4 million for Manteca's gated Oakwood Shores community.
WASHINGTON (AP) - U.S. home prices jumped 12.1 percent in April from a year ago, the most since March 2006. More buyers and a limited supply of available homes have lifted prices in most cities across the country, a sign of a broad-based housing recovery.
Q: I am a real estate lawyer in practice for over 36 years and in the last three months encountered a new situation for which I find troubling. Both closings I conducted were lot purchases as part of a construction/perm loan. In both cases the realtors were to split a 10% commission. The lenders were not the same. The lenders, citing a fed regulation said the commission could not exceed 8%. How can a lender dictate the commission agreed to by the seller and realtors neither of whom have any relationship with the lenders? Hal.