Home Owner News Archive
RISMEDIA, July 13, 2010—(MCT)—Packing your belongings and moving is often fraught with high emotions and involves a to-do list a mile long. So, it's tempting to give only passing attention to hiring a mover and the related incidental costs. That could be a mistake—for your wallet and your peace of mind. Moving can be quite expensive. A typical full-service interstate move costs about $4,300, while the same in-state move might cost about $2,500, according to the American Moving & Storage Association.
RISMEDIA, July 12, 2010—(MCT)—Timm Freeman's Santa Monica apartment has 17-foot ceilings, granite countertops and collector guitars hanging on the wall. He's got a built-in microwave, dishwasher and central air conditioning.
All in 350 square feet.
Freeman's coffee table is also his dining table. His desk is three steps from his sitting room and three paces from his stove. "Everything is within three steps of the next thing," said Freeman, a graphic designer.
RISMEDIA, July 12, 2010—Whether it's because of the economy or by choice, millions of Americans will be staying closer to home this summer; and with warm weather already upon us, many families will be spending their time outdoors. And even though summer has officially started, it's not too late to get your outdoor space ready for a summer of fun at home.
With a little hard work and advice from the experts at HouseLogic—a comprehensive consumer website about all aspects of homeownership—homeowners can quickly and easily get their home and outdoor space summer-ready.
RISMEDIA, July 10, 2010—(MCT)—The explosion of remodeling shows on TV and makeover spreads in magazines has whetted America's appetite for glamorous rooms brimming with the latest furnishings, appliances and color schemes. Kitchen remodels are among the most popular, according to a report in the August issue of Consumer Reports and online at consumerreports.org. And the economic slowdown means there are outstanding deals on everything from cooktops to countertops. It also means kitchen designers and building contractors are eager for work and willing to negotiate.
RISMEDIA, July 10, 2010—(MCT)—A few years ago, Jim Camasto thought about investing $20,000 in the stock market. But instead, Camasto, of Naperville, Ill., spent that money on a ‘greener’ investment—solar power.
RISMEDIA, July 9, 2010—International home buyers are increasingly attracted to property in the U.S., according to the National Association of Realtors’ 2010 Profile of International Home Buying Activity. Several factors, including the strength of the dollar, the value and desirability of U.S. real estate, and the emerging economic recovery, continue to drive international interest in owning a home in this country.
RISMEDIA, July 9, 2010—(MCT)—On paper, it's the chance of a lifetime—a golden opportunity not to be missed.
Mortgage interest rates are at their lowest since 1971 and home prices have reached their lowest point since 2002, says IHS Global Insight Inc. economist Patrick Newport, and appear to be stabilizing.
Veteran real estate agents are hard-pressed to remember a time when rock-bottom rates and affordable prices converged this way. So where are all the buyers now that the tax credit is gone?
RISMEDIA, July 9, 2010—Clear Capital, a provider of data and solutions for real estate asset valuation, investment and risk assessment, has released its Home Data Index (HDI) Market Report.
RISMEDIA, July 7, 2010—With so many homeowners facing tough decisions about their mortgages in or approaching default, questions abound about how to best handle the complex situation with the bank lenders they're indebted to. To help clarify such confusion and shed light on optimal homeowner options, real estate finance expert Marian Anthony, author of Short Sale RUSH, sheds light on the five most common questions homeowners in default are asking.
RISMEDIA, July 7, 2010—Home buyers are looking for a home that utilizes space to the max. Found space—underutilized areas such as basements, attics, garages—can be repurposed into functional and stylish rooms. ...
RISMEDIA, July 6, 2010—The House of Representatives recently passed the FHA Reform Act
(H.R. 5072). The bill, sponsored by Representative Maxine Waters (D-Calif.), would give authority to the Federal Housing Administration (FHA) to increase premiums
RISMEDIA, July 3, 2010—FHA Pros, LLC, a national FHA condo approval service, has developed a list of facts speaking to the top misconceptions associated with FHA loans in order to help home buyers better navigate an already confusing market. FHA loans are mortgages issued by qualified lenders and insured by the Federal Housing Administration (FHA).
“We have seen home buyer interest in FHA loans go from practically zero three years ago to upwards of 87% today,” said Christopher Gardner, founder and president of FHA Pros, LLC.
RISMEDIA, July 2, 2010—HomeGain, one of the first websites to provide free online instant home prices, announced the results of its 2010 second quarter home prices survey based on the responses of over 900 real estate agents and brokers and 3,500 homeowners nationwide.
RISMEDIA, July 2, 2010—(MCT)—Scott Katzer owes about $200,000 more than his Fort Lauderdale home is worth. Unable to sell anytime soon, he wants to reduce his monthly mortgage payment by refinancing to a lower interest rate. Katzer doesn't qualify under a government refinancing program because the value of his home is so much lower than what he owes. Private lenders turn him down for the same reason and he's ineligible for assistance from a state-run program because he has a job and can pay the mortgage.
RISMEDIA, July 1, 2010—(MCT)—The House of Representatives introduced and passed a proposal to extend the original June 30 closing deadline for home buyers who want to get up to $8,000 in tax credits.
The Home Buyers Assistance Act of 2010 would push the deadline to midnight September 30, 2010 on contracts that were signed by the midnight April 30 deadline. The vote was 409 to 5, with 18 not voting.