DEAR BENNY: My brother bought his home about 15 years ago. He holds title only in his name, as a "single man." He lost his job a couple of years ago. He is older and is having a difficult time getting rehired. Long story short: He is now in arrears (18 months), owes escrow for taxes and insurance payments, and is facing foreclosure. His lack of employment is presenting a problem getting loan modifications or refinancing.
Woodside Homes is celebrating the start of its Turn-Key sales event this weekend, allowing homebuyers to unlock their choice of instant upgrades or assistance with interest rate buydowns or closing costs.
It's not hard to get people to come to an outdoor gathering on a warm summer's evening, and it should be just as easy to pull together a memorable affair. To make the most of your time and budget, look for low-maintenance solutions that you can use throughout the season - and in summers yet to come. From the dishes you serve to the way you decorate, the less work you have to do, the more you'll be able to enjoy the time with your guests.
When new technology makes its way into home design, often it enters through the kitchen. The heart of the home is also the portal for innovation, and many of the technologies that we now use throughout our homes were first applied in the kitchen.
DEAR BENNY: I recently read your suggestions on how to get rid of a time share. You suggested attempting to give your time share back to the company with a "deed in lieu," but said that it probably won't work. You are right. It did not work. However, I found a broker who was willing to take the time share off my hands for $3,000. Is this the only other way to rid oneself of this burden? By paying money to give something away?
Manteca median prices should be up by 1 percent in value by summer's end. Is that a risky prediction? Not at all if you look at what is happening. As of Monday there were 172 pending sales in Manteca with a median pending price of $179,994 based on the Multiple Listing Service. That is equal to roughly a third of the 532 existing homes that have sold so far this year with a combined median ...
The warmer months provide numerous opportunities for hosting outdoor events: birthday parties, barbecues, backyard campouts, weddings or a gathering for watching fireworks on the Fourth of July - the list is endless. Even when just hosting a fun neighborhood picnic or ice cream social, it's important to get the outdoor living space looking its best for the big day.
DEAR BENNY: While we were out of town, my neighbor and a well installer destroyed 400 square feet of my lawn, leaving us with ruts, dirt piles and dead sod. In addition, they buried 40 linear feet of water pipe and electrical cable on our land without our permission. I have a recent land survey to validate our claims.
Summer's sizzling temperatures can make it difficult to keep your home comfortable, and even more difficult to keep up with the higher utility bills that often come with it. Yet even a few well-chosen improvements can make a big difference in home comfort and energy efficiency. Here are some ways to save on energy costs this season.
Home improvement projects don't need to be difficult, and with the right tools and attitude, they can be exciting as you watch your house transform. Summer is the perfect time to look at your home to-do list and get going. Here are some easy ideas you can get started on today.
Smaller homes equal better quality of living these days. Many homeowners are downsizing the space they occupy, but are upgrading and customizing that space to make it better fit their lifestyle.
DEAR BENNY: I recently purchased a 5-year-old house and when I signed the residential purchase agreement there was a provision for the seller (a bank) to provide a one-year home warranty plan, for a price not to exceed $350. Since the close of escrow (also called settlement or closing in many states) and officially turning over the keys, I have not received the warranty.
When summer really heats up, there is nothing more refreshing than drinking a tall glass of ice water, taking a quick dip in the pool, or running through the backyard sprinkler with the kids. But what many people do not realize is clean, fresh water is as important to birds and other wildlife as it is for humans. Not only that, but birds actually enjoy splashing around and frolicking in the water just like we do.
The relaxed pace of summer allows the perfect opportunity for home improvement updates. You can make your favorite room stand out with some simple ideas that take less than a day to complete from start to finish.
DEAR BENNY: I am retired and helping my son buy his first home. My credit is good, but his is not, so the mortgage is in my name. We found a fixer-upper for $80,000. I put $40,000 down and financed $40,000 for 10 years at 3.75 percent, and paid one and half points. My son will live in the house and make the payments of $500 per month.
LOS ANGELES (AP) - Fewer U.S. homes are completing the foreclosure process and ending up repossessed by banks because investors are increasingly buying up properties when they go on sale at public auction.
LOS ANGELES (AP) - Fewer U.S. homeowners are falling behind on their mortgage payments, aided by rising home values, low interest rates and stable job gains.
DEAR BENNY: My mother and her boyfriend lived together for 18 years. He owned the house by himself. He has two surviving adult children. He always told me he wanted my mom to have everything. He did not have a close relationship to his children.
Boys: My husband and I have just made an offer to purchase a home and when we wrote the offer, we found out it must be approved by the court. The Realtor used the word "probate." Our Realtor could not give a clear picture of what's going on or what is going to happen. Can you Real Estate Boys come to the rescue and explain what in the world we've gotten ourselves into with this purchase?
WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose for the second straight week amid some signs of economic strength. Still rates remain near historically low levels.
SAN DIEGO (AP) - California home sales and prices were fairly flat in October compared to September, but other figures indicate a market that is slowly regaining its health after a yearslong slump, a research firm reported Wednesday.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose slightly last week but remained near historically low levels.
WASHINGTON (AP) - Fannie Mae and Freddie Mac posted strong earnings for the July-September period as the housing market continued to recover. The gains will enable the mortgage giants to finish repaying their taxpayer aid or come close to doing so five years after they were rescued by the government.
Every holiday party is as individual as the hosts and interesting as the guests. Yet whether you plan a sophisticated dinner party or an afternoon buffet, all parties do have one thing in common: the need for entertaining space.
Homeowners will pay 13 percent more this year to heat their homes with natural gas, the U.S. Energy Information Administration predicts.
WASHINGTON (AP) - A measure of U.S. home prices rose only slightly in September from August, a sign that prices are leveling off after big gains earlier this year.
Q: I haven't noticed this issue in your column. My neighbor's townhouse smells! When she has her windows or doors open, the odor is so overwhelming that I am unable to be outside or even have my windows open. This past summer, the smell was even drawn in by the air conditioner. I've had guests suddenly cover their nose and comment on the smell so, it's not my imagination.
Many triggers can affect our moods. From sights to sounds to smells - it's a sensory experience that we don't seem to have much control over. Or so we used to think. But with more research being done on exactly how these elements might affect our stress or happiness levels, we now have better insight on how to enhance our mood. This is good news for those looking to make home improvements.
When looking to transform your home, elements such as doors, ceilings and trim are perfect places to add color. These architectural details can create a wow factor with well-placed splashes of color.
Hey Real Estate Boys; This should be a quick and easy question for you boys. Sometime in April or March the market picked up, as you both reported, and we seemed to have a resurgent market all of a sudden. Well, the end of the summer, say July, I saw signs sitting a lot longer in front yards. Then looking at the closed sales in another newspaper, the sales seemed to have dropped or stopped ...