Real Estate News

Real Estate News

Real estate Q&A: All owners will have to pay for HOA's mistake

Q: I live in a community with a homeowner's association. The board hired unlicensed workers to paint and replace fences. The city then cited our association with a code violation and a fairly substantial fine. There is also the expense to fix the issue. The board members want to pass the fines along to the homeowners who live close to those fences. Can they legally do this? Are the board members individually liable?

Real Estate News

3 ways to avoid paying a loan origination fee for your mortgage

A house is usually one of the biggest purchases a person will make in his lifetime, which means the loan taken out for it will probably also be one of the biggest. If you're applying for a mortgage or deed loan, as a potential borrower, you need to understand all the fees associated with your loan and shop around for the best offers. One of these fees is the loan origination fee.

Real Estate News

The Mortgage Professor: How to unleash the reverse mortgage market

Last week's article indicated that the market for home equity conversion mortgages - the federal government's reverse mortgage program - is not a shoppers market because the product is not well-defined, the prices charged are obscure, and borrowers have no reason to be confident that the product selected will be delivered at the agreed-upon price. Home equity conversion mortgages, or HECMs, are offered in a gotcha market.

Real Estate News

Real estate Q&A: Condo owner won't leave for termite tenting

Q: Our condominium building has termites and needs to be tented. Everyone must leave for two full days. One owner is refusing to leave, saying he doesn't have any termites and doesn't want strangers in his home. His wife is bed-ridden, and, quite frankly I don't believe he can afford to stay in a hotel for two nights. If he and his wife don't leave, the building can't be treated. What are the rights of the other residents, and what action can be taken to get him and his wife to vacate?

Videos

Battalion chief gets bone marrow transplant

Stanislaus Consolidated Fire Battalion Chief Kevin wise discusses battling leukemia and the bone marrow transplant he received in January (Erin Tracy/etracy@modber.com)
etracy@modbee.com
Battalion chief gets bone marrow transplant 1:17

Battalion chief gets bone marrow transplant

DoMo Night Market in Modesto 1:45

DoMo Night Market in Modesto

Modesto Nuts defeat Bakersfield Blaze 5-4 1:20

Modesto Nuts defeat Bakersfield Blaze 5-4

Fire on Ninth Street 1:43

Fire on Ninth Street