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).
It's a mad, mad, mad, mad housing market.
If all is working well, most homeowners put little thought into their water heater. But when this critical appliance fails, it can be a nightmare that halts a home's productivity completely. With no hot water for washing dishes and clothes - let alone for bathing - homeowners are left scrambling to find a new water heater as fast as possible.
DEAR BENNY: I have just been elected president of my 200-unit condominium association and have heard that some property managers throughout the country have embezzled association funds. How can we protect ourselves and our money? --Fred
WASHINGTON (AP) - U.S. builders broke ground on fewer homes in November after starting work in October at the fastest pace in four years. Superstorm Sandy likely slowed starts in the Northeast.
WASHINGTON (AP) - Average rates on U.S. fixed mortgages rose this week but remained near record lows, a trend that is leading more Americans to buy homes or refinance their loans.
Looking for a simple, inexpensive way to turn an aging family room into a dazzling showcase? Inspired design professionals will tell you one of the most popular and cost-effective ways to transform a plain space into a room with sizzle is to adorn it with millwork crafted from American hardwoods.
If you're like many homeowners, you consider the patio an extension of your home. So it's fair to ask: Would you be just as comfortable nestled in with your favorite book or preparing a meal in your outdoor space as you would in your living room or your kitchen? As you contemplate ways to improve your outdoor area, think about projects that can both extend the hours you spend outside and make the time you spend there more relaxing.
There are three ways you can possibly lower your property tax bill, two of which can be accomplished without investing even an hour of your time.
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.