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.
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.
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.
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.
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.
Hey you Real Estate Boys: There's a lot going on my/our lives in the coming months. First and most importantly we will be getting married right after we both graduate in May, from Stanislaus with our respective degrees. We both have good jobs in this area and are looking forward to becoming old and boring and raising a family. "She is so brilliant." So, being the conservative future couple we'd like to make sure we start our lives on the correct foot/feet. And that, sirs, is our question. How does a young couple start a life ...
WASHINGTON (AP) - Mortgage giant Fannie Mae says it had net income of $1.9 billion for the first quarter. That's sharply down from the same period a year ago due to lower fee income and larger losses on investments used to hedge against swings in interest rates.