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
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.
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.
DETROIT (AP) - A dozen homes in Detroit have been mistakenly demolished, a city official says.
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.
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.
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.-
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.
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?
Here's a shocker.
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.
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.
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.
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).
Real Estate Boys: Hope you are having a great summer so far. Our question for the Boys is simple and easy. What is the shape ...
Q: My wife and I are in our eighties and would like your comments regarding a very critical decision concerning our future.
NEW YORK (AP) -U.S. homebuilders' confidence in the market for new homes is back up to levels not seen since the height of the ...
WASHINGTON (AP) - Average long-term U.S. mortgage rates rose this week, reaching highs for the year as investor anxiety over economic turbulence abroad moderated.
As much as 30 to 40 percent of all food in North America is wasted, according to the United Nations Environment Programme. That's about ...
It's the time of year when even a dip in the local lake won't cool you down for long. What you really need ...
WASHINGTON (AP) - More Americans signed contracts to purchase homes in May, as pending sales climbed to their highest level in more than nine years.
WASHINGTON (AP) - Average long-term U.S. mortgage rates rose this week, reaching high levels for the year.
WASHINGTON (AP) - U.S. home prices increased at a solid clip in April, led by double-digit jumps in Denver and San Francisco.
Even for households that count four-legged fur friends as part of their family, pet-friendly features can be easily overlooked when it's time to build ...
Just like many products, when it comes to purchasing new light bulbs, nothing beats the in-store experience. Seeing the difference in lighting has a stronger ...
During the summer, it may seem impossible to keep bugs away from the home, so people will try just about anything. Perhaps you've heard ...
WASHINGTON (AP) - U.S. construction spending posted a solid gain in May, pushing total activity to the highest point since the fall of 2008, with ...