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.
NEW YORK (AP) - Bank of America is providing mortgage relief to about 200,000 homeowners.
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.
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.
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.
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.
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.
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.
The European Debt crisis has been noticeably absent from the news this week. No the crisis is not solved…however it does seem like the imminent reports of a Greek debt default have gone away. The stock market investors don't know what to do with themselves. The market continues to trade within a very narrow range. Gas prices are hurting at the pump but not enough to really have consumers changing their spending habits.
DEAR BENNY: In a recent column you mentioned a renter who has a lease with an option to purchase the property and who makes his rent payments as agreed, but the property owner has not been paying the mortgage and is heading towards foreclosure.
If the warmer temperatures, bright sunshine and greening of spring give you the urge to clean, you're not alone. If you want to make spring cleaning easier, especially outdoor spring cleaning, a little planning will save lots of elbow grease.
Buyers apparently sense a change in the wind.
WASHINGTON (AP) - Home prices fell in December for a fourth straight month in most major U.S. cities, as modest sales gains in the depressed housing market have yet to lift prices.
SACRAMENTO (AP) - State Attorney General Kamala Harris promoted legislation Wednesday to reform the mortgage process in California and provide more protections for homeowners, three weeks after she secured $18 billion for California in a nationwide bank settlement.
Spring's new growth and warm sunshine provide inspiration for renewal in our lives. It's a time to pack away the sweaters and boots for lighter layers and brimmed hats. Homeowners should embrace this same mindset - one where you pack away the heavy textures and colors of winter in favor of breezy fabrics and fun decor that inspire a fresh feeling in your house.
WASHINGTON (AP) - More Americans signed contracts to buy homes in July, a sign that buying has improved as mortgage rates have slipped, the number of listings has risen and the rate of price increases has slowed.
Organizing the garage may be one of the most feared tasks in household history. According to a recent Gladiator GarageWorks survey, nearly three out of four households can only park one car in their two-car garage, illustrating the need for a serious garage intervention.
WASHINGTON (AP) - The average 30-year U.S. mortgage rate remained at a 52-week low of 4.10 this week.
WASHINGTON (AP) - U.S. home prices increased at a slower pace in June - a cooldown that could continue for several more months.
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