DEAR BENNY: I am the president of a large condominium in the Midwest and have just heard about a program called "mortgage termination." It sounds fascinating and very useful for our condo, since we have a number of delinquencies with properties that are underwater. Are you familiar with this and if so, how does it work? --Phyllis
The best bathrooms are more than just functional areas - they're sanctuaries where you can escape, reset and recharge. And as one of the smallest and most-used rooms in the home, that's likely why they've become the most popular remodeling project (78 percent), according to the National Association of Home Builders.
WASHINGTON (AP) - The average U.S. rate on the 15-year fixed mortgage fell last week to its lowest level on record, making refinancing and home-buying more attractive to those who can qualify.
For time-stretched gardeners who prefer to enjoy their backyards rather than work in them, several new products make outdoor living easier. Each offers a thoughtful solution to a common outdoor living problem, providing time-saving help to gardeners, gadget geeks and all who love to focus on fun outdoors.-
Each year, thousands of first-timers will join the millions of seasoned gardeners who already know the satisfaction of picking a perfect tomato at its peak, serving up salads from greens just grown right outside the back door, or harvesting home-grown peppers and specialty herbs never even seen at the grocery store.
There is a reason why Del Webb was able to sell almost three out of every 10 new homes in Manteca during the past five years of The Great Recession.
WASHINGTON (AP) - U.S. sales of previously occupied homes rose in February to their fastest pace in more than three years, and more people put their homes on the market. The increases suggest a growing number of Americans believe the housing recovery will strengthen.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell this week and remained near historic lows, a trend that has supported a recovery in housing.
When U.S. lawmakers made a deal to keep the country from going off the "fiscal cliff" at the end of 2012, they reinstated a tax break of up to $500 to help homeowners earn money back for energy efficient home improvements.
WASHINGTON (AP) - The average U.S. rate on the 30-year fixed mortgage rose this week to its highest level in seven months but remains near historic lows. Low mortgage rates have helped support the gradually recovering housing market.
SAN DIEGO (AP) - Southern California home sales continued strong last month as investors snapped up mid- to high-end homes, though it was unclear whether the rebound will continue through the year, real estate research firm DataQuick reported Wednesday.
LOS ANGELES (AP) - While the nation's foreclosure woes persist, new data show they're easing amid a resurgent housing market, rising home prices and efforts by some states to buy homeowners more time to avoid losing their homes.
SAN FRANCISCO (AP) - Home sales dropped and prices rose in the San Francisco Bay area last month as supplies remained tight, the real estate research firm DataQuick reported Thursday.
The busy home remodeling season is a great time for homeowners to focus on increasing curb appeal. The percentage of homeowners who feel now is a good time to spend money on home improvement has doubled since 2009, according to a recent survey among Better Homes and Gardens readers. Considering two of the top four features consumers have on their wish lists for their next home are low maintenance exteriors and a private backyard, high-performance products that come in a variety of colors, textures and designs are expected to be in high demand this year.
The real estate market is starting to show signs of improvement, which is welcome news for people wanting to sell their homes. This positive momentum alone isn't enough to close a deal, though - a homeowner must make their properties appealing to potential buyers so they stand out from the competition. The good news is it's easy to create an appealing atmosphere with a few staging tips and tricks from the experts.
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.
WASHINGTON (AP) - Al and Saundra Karp have found an unconventional way to raise money and help save their Miami-area home from foreclosure: They're lining up gigs for their family jazz band.
WASHINGTON (AP) - We've seen the TV ad pitches from celebrities like "The Fonz" Henry Winkler and actor and ex-senator Fred Thompson, touting the benefits of reverse mortgages for older homeowners.
Have you ever walked into a room that was so full of over-sized furniture it made an already small space feel miniscule and unusable? Or tricked your tummy into being satisfied with less food by using a small plate to make a modest portion look huge? Scale makes a decided difference in many aspects of life, and gardening is no different.
SAN FRANCISCO (AP) - San Francisco has filed a lawsuit against a property owner, claiming she has been harassing and intimidating her rent-controlled tenants to force them from their apartments.
Equations are for more than just math class; did you know there's a proper order of operations for your home, too? Whether it's arranging your couch and television for optimal viewing or making sure towel bars are right within reach, knowing a few key numbers can help you determine the ideal place for each item in your home - creating spaces that look great and are easy-to-use.
Custom cabinetry, granite countertops, reclaimed wood flooring and accents, and top-of-the-line, high-tech appliances - what more do you need to make your kitchen renovation perfect? How about adding an island? Designers and builders across the country are pointing to the addition of an island as the must-have upgrade for kitchen renovations this year.