A Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgage (HECM) requires a borrower to be at or over the age of 62 to qualify for a loan, making baby boomers most of... Read more »
Homeowners in California now have even fewer choices in homeowners insurance carriers. The Hartford Financial Services Group, better known as The Hartford, announced Wednesday that it would no longer issue new homeowners... Read more »
Despite the still-challenging rate environment, some homeowners might opt to bite the bullet and give up their low rate to move, according to a Redfin study. Nationwide, the share of homeowners with... Read more »
The rising cost of homeowners insurance is weighing more heavily on American homeowners and buyers, according to a survey published Wednesday by Mphasis Digital Risk, a technology services company serving the residential... Read more »
How Does a Market Crash Affect Homeowners? If home values fall quickly, purchasers may find themselves with underwater mortgages, which means they must either stay in the house until the market recovers... Read more »
Homeowners are constantly on the lookout for clever hacks to make managing and cleaning a home easier, but some of these tricks may be costing them money in the long run. Many... Read more »
©Werner Straube Photo courtesy of Morgante Wilson Architects Three Key Takeaways: Vacation homes are great, but they take work to keep up, and real estate professionals can help prepare their clients. Smart... Read more »
The verdict is in — the old way of doing business is over. Join us at Inman Connect New York Jan. 23-25, when together we’ll conquer today’s market challenges and prepare for tomorrow’s... Read more »
Florida company targeted California homeowners with predatory scheme, state attorney general alleges
The California attorney general has sued a Florida-based real estate firm, alleging it ran a predatory scheme that limited homeowners’ ability to sell and left them vulnerable to owing thousands of dollars.... Read more »