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Must-knows before selling home to daughter

DEAR BENNY: I own two properties and would like to sell my current residence to my daughter and her husband, and move into the other. Its assessed tax value is about $150,000, but I'd like to sell it to them for about $200,000 interest-free. Both my houses are paid off so I don't need any down payment from them.

March 22, 2012 | | HOME SCENE


Designing your home office for maximum comfort & productivity

There's no doubt that we're a connected society - and connected like never before through email, social networks, video conference technology, instant messaging, smart phones, the list goes on. While this influx in connectivity has made it easier to do business, it has also blurred the lines between work and home life, resulting with many of us working in our homes at least a few hours each week. If your kitchen countertop has become your go-to place for paying bills, responding to emails and conducting business, it may be time to consider adding a dedicated office space in your ...

March 22, 2012 | | HOME SCENE


Five easy spring cleaning tips

Spring is here, which means one thing: it's time to get your home in tip-top shape. By completing a few easy tasks, you can spend more time soaking up the sun and less time on interior projects. Here are five ways to spruce up your home this spring to prepare for a relaxing summer - and give your home that "spring cleaning" feel without spending the entire spring, well, cleaning.

March 15, 2012 | | HOME SCENE


Some states saw spike in foreclosures

LOS ANGELES (AP) - Foreclosure activity surged last month across about half of the nation's states, as banks tackled a backlog of homes with mortgages that had gone unpaid yet remained in limbo due to delays stemming from foreclosure-abuse claims.

March 15, 2012 | | HOME SCENE


Program helps people become homeowners

JONESBORO, Ark. (AP) - Single mother Melissa Davis used to live in public housing but dreamed of owning her own home.

March 15, 2012 | | HOME SCENE


Rate on 30-year loan rises to 3.92%

WASHINGTON (AP) - The average rate in the U.S. on the 30-year fixed mortgage hovered near historic lows this week, making home-buying and refinancing more attractive to those who can qualify.

March 15, 2012 | | HOME SCENE


Changes in the housing Changes in the housing market

Last week I talked about how I am seeing more "for sale" signs coming out on properties in my area. Reports around the country are similar to mine and it appears that homeowners who have been waiting to sell, are beginning to believe that the market is turning and that now is time to test the waters.

March 15, 2012 | By DEBORAH ROMERO Special to the Bulletin | HOME SCENE


Must-knows before selling home to daughter

DEAR BENNY: I own two properties and would like to sell my current residence to my daughter and her husband, and move into the other. Its assessed tax value is about $150,000, but I'd like to sell it to them for about $200,000 interest-free. Both my houses are paid off so I don't need any down payment from them.

March 15, 2012 | | HOME SCENE


Bank of America to reduce loans for 200K homeowners

NEW YORK (AP) - Bank of America is providing mortgage relief to about 200,000 homeowners.

March 15, 2012 | The Associated Press | HOME SCENE


Home improvements that pay off big

It's beautiful outside and the last thing you want to do is spend all of your spare time working on your home when you could be playing or spending time with loved ones.

March 15, 2012 | | HOME SCENE


Average rate on 30-year mortgage still a bargain dipping to 3.88 percent

WASHINGTON (AP) - Fixed-rate mortgages remain a bargain at the start of the spring-buying season: The average rate on the 30-year mortgage dipped this week, while the 15-year loan fell to a new record low.

March 08, 2012 | | HOME SCENE


Woodside Homes begins spring fling bonus event

Woodside Homes celebrated the start of its Spring Fling Bonus sales event last weekend, giving buyers their choice of five valuable move-in bonuses with the purchase of a new home.

March 08, 2012 | | HOME SCENE


Home-readiness tips for sports fans

As the weather gets warmer, fans anxiously wait for their favorite sport to take center stage. College basketball fans fill out their brackets, golfers dust off their clubs and dream about green jackets, baseball diamonds are prepped for opening day and the professional basketball playoff run starts heating up.

March 08, 2012 | | HOME SCENE


Obama unveils another housing plan

WASHINGTON (AP) - President Barack Obama is aiming mortgage relief at members of the military as well as homeowners with government-insured loans, the administration's latest efforts to address a persistent housing crisis.

March 08, 2012 | | HOME SCENE


Q&A on administration's latest mortgage-aid plan

WASHINGTON (AP) - The Obama administration is offering some relief to homeowners who have government-backed mortgages. Under a program President Barack Obama unveiled Tuesday, the government would cut the fees it charges to insure those borrowers.

March 08, 2012 | | HOME SCENE


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Articles by Section - HOME SCENE


Tips to prepare windows & doors for winter to save

How much do you spend on utilities? Are you looking for ways to save? A typical American household spends about $2,100 on energy bills each year, according to the U.S. Environmental Protection Agency (EPA). Most of that expense comes from a home's energy use during the winter heating season. But a quick home checkup can help you can reduce these costs, prepare for winter and enjoy energy savings.

October 17, 2014 | | HOME SCENE


Average 30-year mortgage rate at 3.97 %

WASHINGTON (AP) - Average U.S. mortgage rates tumbled this week. The 30-year loan hit its lowest level since June 2013 as Treasury bond yields marked new lows amid concern over global economic weakness.

October 17, 2014 | | HOME SCENE


Ideas to bring Halloween decor back from the dead

Halloween has its fair share of iconic symbols: ghosts, witches, mummies and pumpkins, just to name a few. But if your home decor is becoming just as iconic, it may be time to change it up and take your decorating in a new direction.

October 17, 2014 | | HOME SCENE


Home sales rise in September

SAN DIEGO (AP) - California home sales rose for the first time in a year in September, a research firm said Tuesday, as cooling prices and a strong economy encouraged buyers.

October 17, 2014 | | HOME SCENE


From make-do to all new: Create your dream kitchen

Homeowners have spent more on kitchen remodeling than any other home improvement category in the last 10 years, according to Harvard's Joint Center for Housing Studies - and there's good reason. An updated kitchen does more than boost the value of your home; whether you make just a few changes or completely renovate the entire space, a kitchen that feels new is always refreshing. From basic cooking to frequent entertaining, your dream kitchen should look good and function well.

October 17, 2014 | | HOME SCENE


Apartments pushed up September homebuilding

WASHINGTON (AP) - Construction firms broke ground on more apartment complexes in September, pushing up the pace of U.S. homebuilding.

October 17, 2014 | | HOME SCENE


Forward-looking luxury in renovation trends

Americans are renovating again, and instead of letting resale value alone drive their renovation choices, in 2014 homeowners are weighing many more factors. They are seeking renovations that are beautiful, luxurious and eco-friendly, and that both enhance resale value and their ability to age in place should they choose not to sell down the road.

October 10, 2014 | | HOME SCENE


KEY HELP

If you are a first-time homebuyer defined as someone who hasn't owned a home in the last three years you could be eligible for $6,500 in interest free down payment assistance.

October 10, 2014 | Dennis Wyatt | HOME SCENE


Mortgage rates down 3rd straight week

WASHINGTON (AP) - Average U.S. mortgage rates fell for the third straight week, making it more affordable to borrow to buy a home.

October 10, 2014 | | HOME SCENE


How to keep your family safe from home’s hidden hazards

In the U.S. alone, approximately 60 million people suffer from asthma and allergies, which according to the American Lung Association can be triggered by mold for those who are allergic. As a responsible homeowner, it's essential to be aware of the many threats, such as mold and fire, which may cause harm to your family and your investment.

October 10, 2014 | | HOME SCENE


Easy ways to warm up your space this winter

Cooler temperatures are on the horizon and now is the ideal time to begin checking items off your seasonal to-do list. Complete simple projects before the harsh winter weather arrives so your home is ready to enjoy in the coming season.

October 10, 2014 | | HOME SCENE


Slower growth for US home prices in August

WASHINGTON (AP) - U.S. home prices increased in August, yet the pace of these gains continues to slow, helping to improve affordability for would-be buyers.

October 10, 2014 | | HOME SCENE


Building your memories around outdoor fire pit

Whether you're spending quality time with family or entertaining guests, few things compare to the cozy, warm and welcoming atmosphere created by a fire pit in the backyard. In fact, fire pits are among the most popular features for enhancing an outdoor living space, according to the 2014 Residential Landscape Architecture Trends Survey conducted by the American Society of Landscape Architects. Even better, with little experience and materials, you can build a fire pit in just a few hours.

October 10, 2014 | | HOME SCENE


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