SAN DIEGO (AP) - The number of homes sold in California rose 2.7 percent last month from a year earlier and the median price soared as the housing market showed continuing signs of recovery, the reporting firm DataQuick said Thursday.
LOS ANGELES (AP) - Homeowners who took on mortgages well after the housing bubble burst are doing a better job in keeping up with payments, a trend that has helped push the national rate of late payments on home loans to the lowest level in four years.
DEAR BENNY: I will be soon paying off (in its entirety) the mortgage on my home. For your information, I have been current on my payments throughout the 10-year term. The mortgage company is a credit union, and I intend to continue residing in my home.
Even during a challenging economy, the outdoor living trend remains popular as homeowners seek to add lasting value and functional living space under the sky and stars. Whether it's a do-it-yourself patio or a professionally installed outdoor kitchen, the beauty, usefulness, value and ease of maintenance in outdoor living space is limitless.
DEAR BENNY: I understand that when homebuyers sign closing documents, they are routinely required to sign a blanket form allowing the lender to access IRS records with no time limit. The form says not to sign it unless dates are specified on the form, but lenders routinely insist they be signed without any specification as to which years of IRS records are covered.
February 07, 2013|
By BENNY L. KASS
What your home is worth to you is one thing; what it's worth to someone else may be totally different. If you want to boost the value of your home for yourself and in the eyes of others, one of the best ways to do that in today's real estate market is to make green home improvements.
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
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.