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Keep home-ownership documents on record to smooth succession
QUESTION: I paid my house off and got the promissory note from the mortgagee saying the loan has been paid in full.
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Architects see greater demand for kitchen, bath upgrades
CHICAGO _ Instead of playing the trade-up game, more homeowners are staying in their homes, upgrading kitchens and baths and building additions to accommodate their needs instead of moving into a bigger house, but there are also some early signs o...
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Family goes directly to bank CEO, but there's no way out of mortgage
MINNEAPOLIS _ Rosalina Gomez is a $13-an-hour janitor who cleans the U.S. Bancorp executive offices every night.
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Showcase homes still have a place in down market
ORLANDO, Fla. The product-show-and-tell home debuts every year as part of the National Association of Home Builders' giant International Builder Show, which is expected to draw more than 50,000 industry professionals to Orlando next January.
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Many ideas, but no single answer on stopping spread of negative home equity
DETROIT _ With home prices expected to keep falling in many parts of the country, experts said finding a fix for the underwater crisis will be difficult. One economist said it all boils down to one thing: sharing the pain.
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Struggling for a way out of a home worth less than the mortgage
DETROIT _ Sondra Malone, 35, bought a house in Eastpointe, Mich., in 2005 with an adjustable-rate mortgage. At the same time, the bottom was falling out of the housing market with record foreclosures dragging down home values.
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In hard-hit Florida, some owners say walking away is the smart choice
FORT LAUDERDALE, Fla. Keigans figures it could take a decade or two to recover the lost equity, so he's tempted to walk away, even though he has the money to pay.
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Government urges short sales, but experts aren't sure they will help
PHILADELPHIA _ With the highly touted federal mortgage-modification program falling short of its target numbers, the government has looked into alternatives to foreclosure and come up with a possible, though not original, solution: The short sale,...
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MORTGAGE TROUBLES
This Birmingham, Michigan, homeowner, who did not want to be identified, says he owes nearly twice what his home is worth.
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MORTGAGE PROBLEMS
Michael Keigans of Deerfield Beach, Florida, says he owes about $100,000 more on his home than it is worth.
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HOMEBUILDER SHOWCASE
Keith Clarke, president of custom homebuilder Continental Inc., is shown at a construction site in Orlando, Florida, on March 1, 2010.
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REAL-UNFINISHEDHOMES
The Moorings luxury town homes in Edgewater, New Jersey, were left unfinished.
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REAL-UNFINISHEDHOMES
This unfinished, six-bedroom, six-bathroom house in Upper Saddle River, New Jersey is up for a short sale with a listed price of $1.6 million.
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Home sales dip in January
LOS ANGELES _ In another sign that the foundation of the U.S. housing recovery might be shaky, the number of homes placed under sales contract fell 7.6 percent in January, according to a national index.
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Weekly Your Life package: Best of entertainment, health, autos and more
This weekly package is a "best of" the week's stories in entertainment, home and garden, health and fitness, autos, living and other issues common to weekly features sections.
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