DEAR BENNY: I need to write a "request for payment plan" letter to my homeowners association, but I don't know how to write an effective one. I owe several months of back dues totaling about $3,000, which includes attorney's fees and interest. I really need help on writing this letter. I have not paid because of major health issues in 2011 to date. --Liz
WASHINGTON (AP) - Americans are regaining confidence in the housing market five years after it collapsed.
WASHINGTON (AP) - Average rates on fixed mortgages fell again this week to record lows, creating more incentive for buyers to enter the recovering housing market.
WASHINGTON (AP) - More than 1.5 million older Americans already have lost their homes, with millions more at risk as the national housing crisis takes its toll on those who are among the worst positioned to weather the storm, a new AARP report says.
Looking back at flipping in 2005 it is amazing that the housing market collapse wasn't worse.
BEMIDJI, Minn. (AP) - Kjell Thompson has long dreamed of owning her own home, but until recently she thought it out of her reach.
We spend hours in the kitchen socializing, keeping the family organized, and, of course, cooking and eating. As the center of the home's activities, the kitchen should be as fun as it is functional. With just a few supplies and a free weekend, you can cook up a whole new look for your kitchen.
A little black dress, a great pair of jeans and a leather jacket - some styles never go out of fashion. Some elements of home decor share that same sense of timelessness, and none more so than a simple floral theme.
DEAR BENNY: My homeowners association fees are of great concern to me, since I am on a limited income. The monthly fees are $399, and this, combined with my mortgage payments of nearly $1,400, creates a burden. I have been a widow since 1973 and am, of course, a "retired" senior with no retirement income benefits.
The real estate market is still in a state of limbo, which has many homeowners staying in place and looking for ways to make their current abode the most comfortable it can be. Real estate agents expect the market to continue to be flat in 2012, according to ActiveRain Corp, a real estate social network. Because they're not selling, homeowners are looking at remodeling rooms, changing out decorating schemes and in some cases, even adding on to the home.
Eric Teberg was taking his good friend, Joan Collins, to the doctor in Sacramento when he received the good news.
LOS ANGELES (AP) - Banks are increasingly placing homes with unpaid mortgages on a countdown that could deliver a swell of new foreclosed properties onto the market by early next year, potentially weighing further on home values.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages fell again to record lows, giving would-be buyers more incentive to brave the housing market.
LOS ANGELES (AP) - California has a new law to stop what Gov. Jerry Brown calls abusive home lending tactics.
One in five homes nationally is underwater.
When you're about to buy a house, it's easy to get excited about its great location, spacious floor plan or beautifully decorated interior. Yet the old saying, "beauty's only skin deep" can apply to any home, especially if you're considering an older, previously owned property. Before signing on the dotted line, use this checklist to help avoid some potentially costly surprises and anticipate repairs or upgrades that may be needed.