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The Learning Center

News - Headlines

Can landlord tap rent when damages exceed deposit?
Q: The rental market in my city is tight, and it's common for applicants to offer many months' prepaid rent as an incentive for landlords to rent to them. ...
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Buyer beware when when home lacks permits
It's an all too common situation. You find a perfect home for sale in an ideal neighborhood. It's been beautifully remodeled, and it has everything you've bee...
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Machismo and architecture
When it comes to aesthetic matters, some men seem almost embarrassed to express their opinions. That's not too surprising, considering the longstanding stereo...
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No need for another tax credit
The federal homebuyer tax credit is fading away, and it won't be missed by all.

It looked good on paper: an $8,000 tax credit for first-time buyers and...

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Seconds count in short sales
Q: I signed a contract to buy a short sale in January 2010. The owners filed for bankruptcy and I was told that the agent was a short sale specialist and t...
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Roofing shakedown
Q: We are trying to decide how to proceed on a possible roof repair. Our shake roof is a little more than 20 years old, and one roofer said he thought it w...
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Reduced fees for reverse mortgages
The checkered beginnings of reverse mortgages made them a difficult sales proposition to seniors. In the early years, some programs gave the lender a bigger ...
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How to cancel exclusive buyer-broker agreement
Q: If I sign a "Buyer Representation Agreement -- Exclusive" (form), can I cancel it at a later date? --Igor, California

...

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FHA has its day
In the heady days of the housing boom, so-called FHA loans ended up being the lonely guy sitting on the sidelines.

After all, at that time the mortga...

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Home at stake in bankruptcy case
In May 2009, Candace Booth filed a Chapter 7 bankruptcy petition. Her outstanding debts were mortgages against a home she was in the process of trying to rent...
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Foreclosure notice triggers debt dispute
DEAR BENNY: I fell behind on my mortgage last fall due to the replacement of an HVAC system. I thought I missed two payments. I called my lender and asked fo...
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Leveling with contractor over uneven floor
DEAR BARRY: We recently hired a contractor to enlarge our living room. But there is a dip in the wood flooring where the addition meets the original constr...
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A guide for getting out of debt
Book Review
Title: "The Simple Dollar: How One Man Wiped Out His Debts ...
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Beware false promise to erase mortgage
"I received a confidential note from a firm claiming that they can eliminate my second mortgage. I am inclined to believe them because the value of ou...
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Seller financing for today's market
During the recession in 2001, a strong home-sale market was instrumental in pulling the economy back on track. The opposite may be the case now. The economy, ...
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