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Archive By Section - HOME SCENE


Study: Making car payment takes priority over paying the mortgage

NEW YORK (AP) - The recession and its hangover may have turned bill-paying habits upside down. Cash-strapped Americans are paying off their car loans before they pay credit card bills and make mortgage payments, a study finds.

March 29, 2012 | | HOME SCENE


Must giftee pay IRS when property is later sold?

DEAR BENNY: In April 2001, a friend and I purchased a condo in California for $100,000. We are on title as tenants in common. My wife and I own 50 percent, and my friend owns 50 percent.

March 29, 2012 | By BENNY L. KASS Inman News | HOME SCENE


2012 outdoor living trends can easily update your patio or deck

More homeowners want their outdoor space to truly be an extension of their house and are taking steps to create an inviting area to relax, play and host guests. If you want to update your deck or patio for warm weather entertaining, you don't have to spend a lot of time or money. You can easily refresh the items you already have and add new stylish elements by keeping some top trends and design ideas in mind.

March 29, 2012 | | HOME SCENE


Is owning your own home worth it? Sit down and try to figure it out

Is owning a home really worth it?

March 23, 2012 | Dennis Wyatt | HOME SCENE


California home sales jump in February

SAN DIEGO (AP) - Home sales rose sharply in California last month as investors snapped up the lowest-priced properties, often paying cash, a research firm reported Thursday. Prices continued to fall.

March 22, 2012 | | HOME SCENE


Credit score can impact home purchase

Purchasing a home can be the most rewarding - and also the most frustrating - financial transaction of your life. Especially today, when the news is filled with stories about the great market conditions for buyers. One aspect of the home buying process that's often overlooked is the extra cost that interest from a home loan adds to the total price of the home.

March 22, 2012 | | HOME SCENE


US court freezes assets for 5 mortgage companies

WASHINGTON (AP) - A federal court has frozen assets at five California companies that are being investigated for trying to scam U.S. homeowners facing foreclosure.

March 22, 2012 | | HOME SCENE


Builders betting on brighter housing market

WASHINGTON (AP) - U.S. builders are betting that the housing market is finally on the path back to health.

March 22, 2012 | | HOME SCENE


Home re-sales complete best winter in 5 years

WASHINGTON (AP) - U.S. home sales are gradually coming back. A mild winter and a stronger job market have helped boost sales ahead of the crucial spring buying season.

March 22, 2012 | | HOME SCENE


Fed fines 8 US banks for alleged foreclosure abuse

WASHINGTON (AP) - The Federal Reserve said Monday that it plans to fine eight additional U.S. bank holding companies for improperly foreclosing on homeowners.

March 22, 2012 | | HOME SCENE


Rate on 30-year mortgages jumps above 4% for 1st time in five months

WASHINGTON (AP) - The average U.S. rate on a 30-year fixed mortgage rose above 4 percent for the first time in five months. The sharp increase suggests the window to buy or refinance a home at historically low rates is closing.

March 22, 2012 | | HOME SCENE


One day soon low mortgage rates will be seen just in rearview mirror

By now you have probably seen at least one AT&T commercial that talks about how fast their phone service is and how they use the expression "That's so 42 seconds ago"...Well that is pretty much the same thing that can be said for mortgage rates. Any advertising you see this week about rates is going to be off by more than ¼% because those ads per place more than a week ago.

March 22, 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 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


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Articles by Section - HOME SCENE


30-year mortgage falls to 3.66%

WASHINGTON (AP) - Average long-term U.S. mortgage rates declined this week, approaching historically low levels with the spring home-buying season underway.

April 10, 2015 | | HOME SCENE


LIVE IN A PORSCHE?

SUNNY ISLES BEACH, Florida (AP) - The wow factor for Miami's skyscraper condos no longer comes from a dazzling Atlantic Ocean view.

April 03, 2015 | | HOME SCENE


What you should never do remodeling kitchens

Whether you've heard it in the office, a classroom or a soccer field, that old saying about mistakes being valuable learning tools really rings true, doesn't it? If those mistakes occur during the course of a kitchen renovation, however, it may be difficult to be philosophical about them. Bungle a kitchen redesign, and you'll either have to live with the consequences for a long time or invest even more money to correct them.

April 03, 2015 | | HOME SCENE


Create the perfect outdoor kitchen space for summer

Now that warmer weather is here, you want to spend as much time outdoors as possible - and that includes mealtime. But what if your outdoor kitchen space is lacking? Worry not! There are several easy, affordable projects that can help you transform the area into the perfect cooking and entertaining area. Give these projects a try to recreate your space.

April 03, 2015 | | HOME SCENE


Home prices rise modestly, weigh on buyer affordability

WASHINGTON (AP) - U.S. home prices rose at a steady pace in January, pushing prices up at a faster pace than wages and putting more homes financially out of reach for would-be buyers.

April 03, 2015 | | HOME SCENE


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