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Archive By Section - HOME SCENE


Bank not obligated to sell foreclosure at list price

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

January 18, 2013 | | HOME SCENE


Deliberately being late on mortgages: Is it a growing trend?

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.

January 11, 2013 | Dennis Wyatt | HOME SCENE


Find inspiration for your home in 2013

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.

January 11, 2013 | | HOME SCENE


City says 12 Detroit homes accidentally demolished

DETROIT (AP) - A dozen homes in Detroit have been mistakenly demolished, a city official says.

January 11, 2013 | | HOME SCENE


New federal rules aim to curb risky mortgages

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.

January 11, 2013 | | HOME SCENE


Rates on 30-year mortgage rises to 3.40 %

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.

January 11, 2013 | | HOME SCENE


Start planning now for your spring home makeover projects

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.-

January 10, 2013 | | HOME SCENE


Affordable upgrades can give your home a stylish new look

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.

January 10, 2013 | | HOME SCENE


Are safety upgrades repairs or improvements?

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?

January 10, 2013 | By BENNY L. KASS Inman News | HOME SCENE


Manteca rebound in home prices is stronger than in SF

Here's a shocker.

January 03, 2013 | Dennis Wyatt | HOME SCENE


Rate on 30-year mortgage slips down to 3.34 percent

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.

January 03, 2013 | | HOME SCENE


Pending home sales rise to highest level in 2½ years

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.

January 03, 2013 | | HOME SCENE


Cypress siding provides a natural choice to enhance today's homes

Across the country, cypress siding is becoming increasingly popular among homeowners who are looking to add value, durability, and a lifetime of good looks to their homes.

January 03, 2013 | | HOME SCENE


Name on the sales contract, but not the deed

DEAR BENNY: Some time ago I entered into a sales contract with my then-fiancee to buy a house. Both our names (hers was in her maiden name) were on the sales contract, which we both signed. I turned over my half of the down payment, we went to closing and we owned the house (or so I thought). Some time after that I learned that the deed was in her name only. I went to the closing attorney who told me I didn't own anything (the house).

January 03, 2013 | By BENNY L. KASS Inman News | HOME SCENE


The days of rock-bottom affordability are gone

It's a mad, mad, mad, mad housing market.

December 21, 2012 | Dennis Wyatt | HOME SCENE


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Articles by Section - HOME SCENE


New homebuyers checklist

When you're about to buy a house, it's easy to get excited about its great location, spacious floor plan or beautifully decorated interior. Yet the old saying, "beauty's only skin deep" can apply to any home, especially if you're considering an older, previously owned property. Before signing on the dotted line, use this checklist to help avoid some potentially costly surprises and anticipate repairs or upgrades that may be needed.

January 09, 2015 | | HOME SCENE


Timeless interior design protects your investment

Kitchens are the heart of the home. It's where you prepare meals, help your kids with homework and entertain guests. It's the room in the house where everyone gathers, where memories are made, and, with solid investment, can single-handedly increase the value of your home and help you build more of a nest egg. Even if you're considering selling your home, all eyes of prospective buyers will inevitably be on the kitchen.

January 02, 2015 | | HOME SCENE


Hot home decor color trends make statement

It's a strategy interior designers often use to create stunning rooms that wow the instant someone enters them: the use of creative color. Homeowners looking to deliver impressive interior style can take cues from what will be the trendiest hues of 2015 and beyond.

January 02, 2015 | | HOME SCENE


Mortgage rate edges up to 3.87%

WASHINGTON (AP) - Average U.S. mortgage rates rose slightly this week, but the benchmark 30-year rate stayed near a 19-month low.

January 02, 2015 | | HOME SCENE


Mortgage rate edges up to 3.87%

WASHINGTON (AP) - Average U.S. mortgage rates rose slightly this week, but the benchmark 30-year rate stayed near a 19-month low.

January 02, 2015 | | HOME SCENE


100-YEAR-OLD CRAFTSMAN

PASADENA . (AP) - My love of 100-year-old California Craftsman bungalows - those low-slung, early 20th century Arts and Crafts-era homes known for their clean, horizontal lines and sturdy woodwork - runs long and deep.

January 02, 2015 | | HOME SCENE


Curb energy loss with renovation investments

While homeowners may not immediately think of their attic as a major source of energy loss, the reality is that as much as 25 percent of the energy lost in the average American home occurs there. As the weather begins to get cooler, you may be inclined to increase the thermostat to maintain a warm and comfortable home. However, air leakage, caused by numerous gaps and cracks throughout your home's infrastructure, particularly the attic, can cause your HVAC equipment to work overtime and place a strain on your wallet every month.

January 02, 2015 | | HOME SCENE


6 design trends to make your home’s style in 2015

As the new year kicks off, it's the premier time to refresh and refocus on certain aspects of your life ... and the home is no exception. Say goodbye to lackluster interiors as renowned interior designer and DIY television personality, Taniya Nayak, has forecasted the top trends for 2015 that will be sure to enhance and revive any home.

January 02, 2015 | | HOME SCENE


Pending home sales rise slightly

WASHINGTON (AP) - The number of Americans signing contracts to buy homes rose modestly in November as a strengthening economy helped nudge some would-be homebuyers.

January 02, 2015 | | HOME SCENE


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