System - Monday, December 16, 2013
More and more people these days are turning to renting properties instead of owning them. When moving, either the first time or after multiple moves, a person goes through the checklist of “should I buy or should I rent”? The lists of positives that are condusive to rent include the responsibility of handling the c...
System - Monday, August 5, 2013
Also known as Gen Yers or Generation Y, they want smart homes instead of luxury homes; smaller, functional homes instead of sprawling McMansions and they are do-it-yourselfers who want to gut those cookie cutter homes, room-by-room and remodel them in the image of their own lifestyle, according to a Better Homes and Gardens (BHG) Real Est...
System - Friday, July 26, 2013
In a bold move fueled by the desperate calls for help from homeowners, the city of Richmond, California, is seeking to buy underwater mortgages and refinance them back to the homeowner at a more affordable cost. Read Full Story
System - Friday, July 19, 2013
One of the biggest traps for common wall homeowner associations like condominiums is that their insurance coverage often permits payment of claims that rightly belong to homeowners. This is due to the broad or 'blanket' coverage nature of the policy. In effect, the insurance carrier looks to the board to determine whether it should pay a ...
System - Friday, July 12, 2013
The combination of rising rates and rising prices has made owning 20 percent more expensive, but rising prices make housing look like a better financial bet. Read Full Story
System - Friday, July 5, 2013
A recent Virginia case involving the U.S. Fair Housing Act is a cautionary tale for disabled people suing their homeowners associations for accommodations and for the associations fighting the disputes. Read Full Story
System - Friday, June 28, 2013
Pending home sales were squeezed by changing mortgage rates during the month of June. According to the National Association of Realtors, the pending home sales index dropped 0.4% to 110.9. June numbers were still 10.9% higher than those reached in 2012. Read Full Story
System - Friday, June 21, 2013
Even in a market with low inventory and high demand, there still may be reasons for a buyer to want to cancel a purchase agreement. When that happens, a dispute may arise as to whether the buyer's deposit money is to be returned or whether the seller is entitled to keep it. Who is right? As always, it depends. Read Full Story