Terry, please answer this question for me: Why shouldn't I just walk away from my mortgage?
DEAR BENNY: If damage to an individual unit is from a common-area element and was caused by negligence, and the condo documents as I understand them state that the damage to the unit involved is the responsibility of the condominium owners association, should that not then be covered by the master policy? Also, what is an HO-6 policy? --Lois
The holiday season doesn't have to always involve the same old, same old when it comes to decorating your home.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages ticked up from record lows last week. Cheaper mortgages are fueling a modest housing recovery that could help the broader economy.
NEW YORK (AP) - U.S. foreclosure filings dropped to a five-year low in September as fewer homes were on track to be seized by lenders.
From cooking to entertaining, the kitchen - always the heart of the home - now takes center stage as the 21st century hub of the home. As families spend more time in their homes, today's "command central" kitchen needs to be multi-functional and high-definition with easy-to-maintain surfaces dedicated to cooking, working, Web surfing and blogging, paying bills and doing homework, as well as creating a comfortable environment to entertain with family and friends.
I have a carport.
When it comes to selling your home, curb appeal means everything. And nothing makes a worse initial impression than exterior trim that is peeling, cracked, rotted or falling apart. Replacing old or damaged exterior trim is a great way to freshen up your home today and make it stand out among others tomorrow.
DEAR BENNY: My husband and I own a condo in a seven-unit condo association. We have owned the unit since 2005. Recently, one of the unit owners asked us if we were interested in buying his unit. We made an offer and he accepted it. After the sale and purchase agreement was signed, the seller of that unit sent an email to everyone in our association that he was happy to announce that we are buying another unit in the building.
Boomers expect to stay in their homes and live independently into their later years, but in the midst of change that is occurring in their households, it's easy for them to lose focus on planning for their own future housing needs.
WASHINGTON (AP) - A measure of U.S. home prices jumped 4.6 percent in August compared with a year ago, the largest year-over-year increase in more than six years.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell to fresh record lows for the second straight week. The declines have led more homeowners to refinance, a trend that could help jumpstart the economy.
Americans have learned a tough lesson: Your home is not your piggy bank. However, there is a reward for those who did build equity in their homes: In their senior years, their home can provide a monthly stream of tax-free income, or a lump sum of cash to spend as they wish, while remaining safely in their home. Or it can provide a source of financing for a new, smaller home.
One of the weather vanes that developers are reading when it comes to Manteca-Lathrop housing once was home to a bunch of squealing kids.
He (or she) who hesitates is lost! It's an old saying, and right now it applies to the housing market. Yes, the economic headlines are still gloomy, many are unemployed and foreclosures are actually rising. But paradoxically, those obvious facts are creating one of the best home-buying opportunities in history.
WASHINGTON, D.C. (AP) - U.S. homebuilders are feeling more confident about their sales prospects than they have since last fall, while their outlook for sales over the next six months is at the highest level in 10 years.
LOS ANGELES (AP) - Shares of KB Home jumped Friday after the custom home builder reported better-than-expected results for the second-quarter, delivered more homes for a higher average selling price and said its backlog of orders spiked.
When it comes to health and wellness, the design of your home may prove to be just as important as your diet, sleep habits or exercise routine. This is the premise behind biophilic design - the idea that incorporating natural elements into your home, such as wood or plants, can actually improve overall health.
WASHINGTON (AP) - Federal regulators have slapped restrictions on the mortgage businesses of six banks, saying they haven't fully complied with requirements imposed on them to resolve allegations that they abused the foreclosure process after the collapse of the housing market.
Just because you don't own your home or have a permanent abode, does not mean you can't be neat and organized in the place you currently hang your hat.
LAS VEGAS (AP) - Across Southern Nevada, homes listed online usually have a slideshow of photos - some good-quality, some not - showing the yards, bedrooms, kitchen, garage and other areas of the house.
ASHEVILLE, N.C. (AP) - It's not uncommon to see floral patterns on quilts. But how about flowers planted in a quilt pattern?
With spring in full swing and summer fast approaching, finding ways to save time on indoor chores can help get you out of the house faster and back to enjoying your favorite outdoor pastimes. Tame household dust, hair and dirt in a snap this summer with these efficient and effective cleaning tips:
Springtime represents new beginnings and is the prime time to get the house in order. Whether you're looking to make a first-time purchase, refresh an existing home or simply leverage built-up equity for other reasons, it's important to figure out which path is right for you and understand the lending options available.
WASHINGTON (AP) - Average long-term U.S. mortgage rates jumped this week to their highest levels this year, with the key 30-year rate topping 4 percent for the first time since late 2014.
Whether it's a just a vibrant pop of pretty petals you want added to the front of the home or a raised bed full of delicious fruits and vegetables, the return of warmer weather has many homeowners reaching for their gardening gloves.
Gone are the days of basic backyards outfitted with plastic furniture and folding lawn chairs. Today's outdoor spaces have evolved to become true extensions of the home offering all the style, comfort and function of an interior living area. From furniture and accessories to fully-appointed outdoor kitchens, the lines between indoors and out have blurred beyond distinction.
BERKELEY (AP) - Showering during California's drought is a guilt-free experience for homeowners Catarina Negrin and Noah Friedman.
Perhaps your home is in pretty good shape - newish roof, well-maintained furnace and air-conditioning, and fresh paint throughout. Or maybe you've bought a brand-new house that's move-in ready. Even though you don't really need to do a thing to the home, you may still have the urge to update. But what can you do when everything is already just about perfect?
WASHINGTON (AP) - Average long-term U.S. mortgage rates were flat to slightly lower this week, remaining near their highest levels so far this year.