Senior homeowners looking to shop the HECM reverse mortgage market for the best price, meaning the lowest interest rate and origination fee, have a major problem. Unlike the standard mortgage market, where price data are available from many sources, including third party multi-lender sites, in the reverse mortgage market prices are hard to find.
ATHERTON, Calif. - In 2011, Jules and Alan Nolet bought a house on a flat, sunny lot of just over an acre here. "It had a split-level house built in the '70s with massive, overgrown lawns in the front and back," Jules remembered.
PHILADELPHIA - Alexander Danta curled his frame around a cluttered wooden table in his Jewelers' Row workshop to inspect his latest handiwork, a diamond-and-ruby wedding band that nested in his meaty palm like a newborn chick. Raising the delicate ring to the window, he tipped it slightly to catch the light, revealing an acanthus vine he had just etched on the side, perhaps a centimeter wide and sharp as a line of type.
PHILADELPHIA ï¿½ï¿½ Mike Maher, 32, is co-founder and chief executive of the Houwzer real estate brokerage. The startup wants to disrupt the residential real-estate-brokerage business by creating a more competitive marketplace for home buyers and sellers.
Q: We live in a nice neighborhood, and recently a neighbor a few doors away painted his house a garish yellow and purple. I am considering selling my home, and my real estate broker is telling me that the horror house is pulling down my property value. Is there anything I can do? - Victor
A dramatic change is in store for Austin's skyline, as plans move forward on what now has become a 58-story tower that would be the city's tallest building and the largest residential tower west of the Mississippi River.
Spring: a time for fresh starts, and for some, a new home. Before you head out to open houses, your first question should be: Should I own a home at this time? Your second: Or should I remain a renter?
Some of the more interesting questions I receive from readers are about unusual situations that may affect their ability to qualify for a mortgage. The rules are not always crystal clear, which is why lenders continue to rely on underwriters whose stock in trade is good judgment. Here are a few illustrations:
During his search for an office to launch a co-working space for business lawyers, Jim Chester toured buildings and was close to signing an agreement when his broker suggested he take a look at one more tower.
It can be a nightmare for any neighborhood: A house or apartment complex is ruining the block with blight and criminal activity. And the landlord ignores desperate pleas to do something about the troublesome tenants.
Q: I am about to rent a condo from my cousin. When I brought up the idea of signing a lease agreement, she got upset, as if I didn't trust her. I do trust her, but I would feel better with a written contract. Legally, do we need to put something in writing?
Northern San Joaquin Valley home values made remarkable gains in 2013, with home sale prices soaring by more than 20 percent in most cities. Denair led the pack, skyrocketing 48.3 percent, while median-priced homes in Patterson posted 40 percent gains, according to just-released annual statistics from DataQuick.