Q: I have a fixed-rate mortgage at 5.99 percent that doesn't have to be refinanced until 2016. I know I will want to move to a more suitable place before then, but if I sell now at current low prices, I will have very little equity left to put down on a new condo.
DEAR BENNY: I am currently trying to purchase a home from my daughter. The loan was approved, but the lender told me there is a law that if you purchase a home from a family member, they can finance only 85 percent of the sales price. Is this true? --Roger
Something small is afoot. Backyard cottages - from 800-square-foot bungalows to Lilliputian studio cabins - are springing up behind houses in many cities, some of which have changed zoning laws to accommodate them.
'Red means stop, green means go' - we learn that axiom as children. When it comes to home energy costs, however, going green can help homeowners put a stop to runaway utility bills. And maximizing your home's use of natural light - call it 'green lighting' - is a great way to boost your home's energy efficiency.
Have you ever considered composite decking but disregarded the idea because you felt like you didn't know enough about it? Maybe you've wondered how composite decking is made? Or what kinds of materials make up composite decking?
SAN FRANCISCO (AP) - A research firm says home prices in the San Francisco Bay area registered a sixth straight annual increase last month.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell to fresh record lows this week, a trend that has helped the housing market start to recover this year.
LOS ANGELES (AP) - U.S. homes are entering the foreclosure process at a slower pace than a year ago, and fewer properties are being repossessed by lenders, new data show.
The front door is often the focal point of a house and the welcoming committee to guests as they enter your home. And as the attention-seeking centerpiece, it should always be looking its best. A great addition to any door is a beautiful wreath - either decorative or seasonal - to greet your guests and neighbors. Although many stores sell wreaths, it's easy, fun and cost-effective to create a unique and one-of-a-kind statement piece.
For many people, the shower is an escape from reality ... perhaps the only 'me time' in an otherwise hectic day. But if your current shower isn't living up to your relaxing expectations, it may be time for a facelift.- Don't think you have the time or money? Don't throw in the towel just yet - an improved shower is within your reach. Simply follow these four quick and easy fixes that will make an amazing improvement to the everyday enjoyment of your shower.
DEAR BENNY: This question is related to our home equity line of credit (HELOC). In 2001, we obtained this loan for $150,000, which we withdrew in its entirety to remodel the kitchen, bath, etc. This is an adjustable 25-year loan. As of 2011, we owe $122,000.
You can never accuse Georgiann Rose of simply taking up space.
When cold winds blow, it can be tricky to keep different rooms throughout your home at the right temperature - especially if you have old and drafty windows, tight spaces or room additions to work around. It can also be challenging to ensure economical comfort without having to do a major heating system overhaul. Yet there are easy and flexible ways to heat your home in areas where it needs it most and still stay comfortable all winter long.
As America's 77 million-strong baby boomers reach retirement age, one thing is absolutely clear -- they are not going to quietly retreat into their golden years. The most active generation in America's history wants homes that will support their active lifestyles, and homes that will accommodate the challenges boomers will face, from bad knees, to working from home, to taking on grandchildren.
Each year, House Beautiful magazine builds its highly anticipated Kitchen of the Year, a showplace for what's hot in the kitchen. Designed around the latest trends, the annual Kitchen of the Year is the epitome of high-end style. But let's face it. The majority of us don't have the luxury of a 1,000-square-foot kitchen designed by a celebrated designer. Nor do we have the budget.
SAN DIEGO (AP) - California home sales fell slightly in February as buyers struggled with higher prices and a thin supply of properties for sale, a research firm reported Wednesday.
WASHINGTON (AP) - Average long-term U.S. mortgage rates fell this week, remaining near historically low levels at the start of the spring home-buying season.
It is country living with all the benefits of solitude but without the extra work of caring for land.
Just as tasteful, well-chosen jewelry can turn an unexciting outfit into a stylish, eye-catching ensemble, carefully applied hardwood mouldings and trimwork can transform a plain-Jane interior into an interesting - even beautiful - space.
WASHINGTON (AP) - Average long-term U.S. mortgage rates rose this week yet remained near historic lows reached in May 2013.
DANVILLE, Va. (AP) - They were offered in a catalogue - and shipped in a kit - via railroad a century ago.
In the midst of the winter we love to think of the summer as this idyllic time when we live barefoot under the sky and everything is perfect and beautiful. Then when the summertime comes, we find ourselves complaining about too much sun, being too hot or bugs - and stay inside in the cool AC to avoid them. The good news is you can create a cool, shady and even bug-free spot for yourself, no matter the size of your outdoor space or your wallet.
NEW CANAAN, Conn. (AP) - In the years after World War II, when suburban towns were still "the country," this unassuming village an hour north of Manhattan became an epicenter of modernist architecture, and a birthplace of then-radical concepts like family rooms, floor-to-ceiling windows and open-plan living.
STOCKHOLM (AP) - Lost that charger again for your cellphone or tablet? Hate sorting heaps of wires to charge various devices?
TULSA, Okla. (AP) - Millennials' much-discussed preference for urban living may be ending.
Busy has become a way of life. Between work, household chores, time with family and friends, people often don't have time to complete that entire wish list of home updates. Luckily, there are several simple kitchen and bath projects that you can conquer in minimal time that deliver maximum style and functional impact. In fact, here are a few projects that can be completed in about an hour or less.
WASHINGTON (AP) - Average long-term mortgage rates have fallen for the first time in four weeks and remain near historic lows reached in May 2013.