Let's say someone has a home they either own free and clear or have very little left to pay off on their mortgage.
For many Americans, as they look out the window of their homes, they see what is becoming a nightmare for many people- a foreclosed house on the block. Its yard is overgrown and littered with branches and trash. It has become a lifeless shell, a magnet for trouble and a source of worry as neighbors wonder how the property will affect the value of their homes.
BATON ROUGE, La. (AP) - After three decades holding estate sales, Noelle Lanier says she is sure she believes in ghosts.
Buyers are still clamoring for real estate deals in this turbulent market. Foreclosures and short sales offer some of the best bargains, but also have a higher risk level. Still, more than four in five adults think foreclosures and short sales can be good deals, according to a recent American Society of Home Inspectors (ASHI) survey.
Fall is the time of year when thoughts turn back toward the home. With kids back in school and the holidays approaching, many homeowners look for ways to make their rooms more stylish, but struggle to find the balance between beautiful and livable.
DEAR BENNY: I am in the midst of house hunting right now. Do you have an example of contingency language for financing and inspections that you have used in the past? We are about to make an offer and would like to include this language in the contract if possible. --Ryan
With cooler temperatures on the way, there's no better time to finish checking items off the home improvement to-do list. Several projects are "must-do's" and should be completed before the harsher weather arrives. Most are simple enough to accomplish in just a couple days.
WASHINGTON (AP) - The average rate on the 30-year fixed mortgage held steady this week, staying slightly above the lowest level on record. Low mortgage rates have aided a modest housing recovery.
LOS ANGELES (AP) - The evolution of the U.S. foreclosure crisis is increasingly diverging along state lines.
SPRINGFIELD, Mo. (AP) - Looking at what Dan Chiles is building in western Greene County, it's hard to tell whether it's a home or a storm shelter.
Comfortable spaces don't need to be constrained by four walls, and an outdoor entertaining area can quickly become the most important "room" of your home. You aren't alone if your porch or patio looks outdated and drab. Weather conditions can be tough on outdoor areas, but with a few simple updates, you can create a perfect outdoor space in no time.
The golden days of autumn are upon us, signaling a new direction in home decor and entertaining. What are your plans for updating your house? These easy tips will bring the feeling of fall into your home without a lot of money or extra effort.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages changed little this week and remained slightly above record lows reached earlier this year. The low rates have aided a modest housing recovery.
More and more households have extended family living together under one roof, and the tight fit has some families in the market for a larger home.
WASHINGTON (AP) - U.S. construction spending fell in July from June by the largest amount in a year, weighed down by a big drop in home improvement projects.
WASHINGTON (AP) - Average long-term U.S. mortgage rates declined this week, approaching historically low levels with the spring home-buying season underway.
SUNNY ISLES BEACH, Florida (AP) - The wow factor for Miami's skyscraper condos no longer comes from a dazzling Atlantic Ocean view.
Whether you've heard it in the office, a classroom or a soccer field, that old saying about mistakes being valuable learning tools really rings true, doesn't it? If those mistakes occur during the course of a kitchen renovation, however, it may be difficult to be philosophical about them. Bungle a kitchen redesign, and you'll either have to live with the consequences for a long time or invest even more money to correct them.
Now that warmer weather is here, you want to spend as much time outdoors as possible - and that includes mealtime. But what if your outdoor kitchen space is lacking? Worry not! There are several easy, affordable projects that can help you transform the area into the perfect cooking and entertaining area. Give these projects a try to recreate your space.
WASHINGTON (AP) - U.S. home prices rose at a steady pace in January, pushing prices up at a faster pace than wages and putting more homes financially out of reach for would-be buyers.
MOUNTAIN VIEW (AP) - Of Google gets to build a new office complex north of Highway 101, no one will feel the "Googly" aura of the canopied tech wonderland quite like the people living along Space Park Way.
If you have a FHA backed mortgage there are a lot of people out there convinced you can save hundreds if not thousands of dollars a year if you just call them.
Whether you're planning to list your home for sale soon or you're simply working to maintain features that attracted you to the charming abode in the first place, careful attention to curb appeal is a must.
A recent study found that 50 percent of homeowners claim their garage is the most disorganized place in the home. In addition, The Department of Energy cites 25 percent of people with two-car garages have too much clutter to leave room for cars, while 32 percent only have room for one vehicle. Isn't it time to do something about the mess? This year, focus your efforts on maximizing storage space in the garage.
INCLINE VILLAGE, Nev. (AP) - Two leading Realtor boards have come out against future ridgeline development in the Lake Tahoe Basin.
WASHINGTON (AP) - Slightly more Americans bought homes in February, but tight inventories, affordability problems and nasty winter weather point to sluggish sales in the coming few months.
WASHINGTON (AP) - Sales of new U.S. homes in February climbed to their fastest pace in seven years, as an otherwise dormant housing market showed fresh signs of life.
When considering a home renovation, think outside the box for design inspiration and setting the overall tone.
WASHINGTON (AP) - Average long-term U.S. mortgage rates fell this week for a second straight week, edging closer to historically low levels at the start of the spring home-buying season.