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.-
Sure, kitchen and bath renovations get all the glamour and credit for offering high returns on your investment when it's time to sell your home. But a host of other, often-overlooked improvements can also offer great ROI - while completely changing the look of your home at a fraction of the cost of bigger projects.
DEAR BENNY: Is the definition of "capital improvement" something that increases the actual value of the house, even if it may not trigger a change in taxes, or must it be taxable?
Here's a shocker.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages moved closer to their record lows this week, a trend that has made home buying more affordable and helped sustain a housing recovery.
WASHINGTON (AP) - A measure of Americans who signed contracts to buy homes increased last month to its highest level in two and a half years, the latest sign of improvement in the once-battered housing market.
Storage has style? Really? Of course it does. And when it comes to tackling storage projects, don't skimp on creating the style that best suits your personality.
Once school lets out, it's a great time to make updates to kids' rooms. Not only does it let children personalize their own space with decor that reflects their growing personality, it's a great way to keep them busy with all that extra time to burn.
LOS ANGELES (AP) - Living in an apartment? Expect your rent to go up again.
It's a sobering truth of real estate that sellers often have to spend money to make money. Even if your home is relatively new, you still face costs associated with getting it ready to show, such as repainting interior rooms or hiring professional cleaners and stagers. If your home could use some TLC and updating, spending as little as $5,000 on key upgrades could improve its appeal for buyers - and ensure a speedier sale at a better price.
Every new year brings along new design trends, with homeowners often feeling the pressure to mix up their kitchen interiors to keep things current. But the truth is, when embarking on any renovation project, incorporating more timeless (and less trendy) assets will save both time and money in the long run. This ensures any kitchen styling stays current and "fits in" no matter which way the design pendulum swings.
Rising prices and a dearth of homes for sale in many markets have made it harder for many looking to buy their first home.
WASHINGTON (AP) - The House on Tuesday overwhelmingly adopted legislation to ease some mortgage lending requirements of the sweeping 2010 law reining in banks and Wall Street as the Republican majority continues its assault on the so-called Dodd-Frank law enacted after the financial crisis.
SAN DIEGO (AP) - California home prices reached fresh seven-year-highs in March, a research firm said Friday, helping sales rebound from a two-month slide as some homeowners put their property on the market to reap gains.
Oakwood Shores is not just among a handful of neighborhoods surrounding private lakes in the Northern San Joaquin Valley but it has another feature that few of those have - a gated community with 24-hour security patrols.
Life gets busy and clutter has a way of sneaking up on everyone. It may be all those shoes, the lack of space or the fact that you have absolutely no time - there are many reasons for the mess. But, whether you're a single person living in an apartment or have a large family in a sprawling house, everyone can benefit from more organization. By simply thinking about storage differently and coming up with a smart organizational system that works for you, you'll be on the way to creating a well-balanced, happier home.
Have you ever wished you had more space in your home? Maybe you'd use the space to pursue a hobby, host out-of-town guests or just spread out and get some quiet time to yourself. The space you desire could already be in your home in your basement. If your cellar is nothing but a series of unfinished areas used for storage, you're not getting all the benefits you could be from the space.
LOS GATOS (AP) - Members of the real estate industry are getting ready for a new regulation scheduled to take effect this summer that requires changes to the traditional mortgage loan acquisition process. The upcoming TILA-RESPA Integrated Disclosure rule takes effect Aug. 1 and, if not understood by all parties involved, could delay the closing of escrow. Issued by the Consumer Financial Protection Bureau, TRID combines the mortgage disclosure established by the Truth-in-Lending Act and the Real Estate Settlement Procedures Act into one single rule. However, according to a lender panel at a Silicon Valley Association of Realtors meeting, the move ...
BOWIE, Md. (AP) - In 2008, Bonnie Moore was going through a divorce. And as she was adjusting to a one-income lifestyle, the recession hit and her five-bedroom, three-bathroom home lost half its value.
Ripon has launched the HERO Property Assessed Clean Energy (PACE) Program, which enables homeowners and commercial property owners to make energy- and water-efficiency improvements and pay them off through their property tax bill.
REDWOOD CITY (AP) - Real estate agent Julie Ray has come of age in the red-hot housing market. But this was a first: zooming through a $1.7 million house with her iPhone, she used its FaceTime video application to send images of the property -- including bathroom tile and a backyard lemon tree - to the prospective buyers in Switzerland.