Real Estate News

Real Estate News

When single homeowners pair up, what happens to their real estate?

CHICAGO - It's a classic story: Two people meet, fall in love, decide to move in together. If the lovebirds are moving from one rented pad to another, it's a simple enough plan to wait until a lease is over and search for a shared abode. But if, like many young professionals, both halves of the couple already own property, the path to domestic bliss becomes a bit more complex.

Real Estate News

The Mortgage Professor: Why do borrowers pay for mortgage insurance?

Last week, I wrote an article on how home mortgage borrowers who have been required to purchase mortgage insurance could earn a high rate of return by paying it off - with the help of a new spreadsheet now on my website. That article ignored what would have been the first question posed by a smart visitor from Mars: Why does the borrower pay for insurance that protects the lender?

Real Estate News

Real estate Q&A: Tenant may need approval for boyfriend to stay over

Q: I have been renting a condominium for the past several years. The man I have been dating stays over frequently. A board member approached me and told me I need to fill out a tenant application and pay a fee for my boyfriend. The condo rules state that guests may not stay more than 14 days in any six-month period. My landlord is unaware of any of this. It all seems so juvenile to ask if I can have a sleepover. Do we need to pay this fee?

Videos

Two killed in head-on crash

A Hickman man and a Waterford man were killed in a head-on crash on Milnes Road near the Oakdale-Waterford Highway on Monday morning, the California Highway Patrol reported. Deke Farrow/jfarrow@modbee.com
jsilva@modbee.com
Two killed in head-on crash 0:32

Two killed in head-on crash

Storm forecast includes flooding and wind gusts 2:03

Storm forecast includes flooding and wind gusts

Tuolumne River flowing on a quiet Sunday near La Grange 0:33

Tuolumne River flowing on a quiet Sunday near La Grange

Junior SEALs train in Modesto 2:11

Junior SEALs train in Modesto