A question not asked in this video with Ted Lange, a reverse-mortgage specialist for Wells Fargo: Does the loan balance go up? Answer: Yes, the interest payments are tacked on, based on today's 30-year fixed rate (which is 5.06%):
From Yahoo! Finance: Five years after the housing market peaked, conditions are not improving in most areas. The latest data shows housing prices are still down and housing sales are sluggish. New home sales hit a record low in February and the S&P/Case-Shiller...
Villa Mayana was designed by architect Enrique Barascout and is located near Hermosa Beach in Costa Rica. The main entrance features a covered walkway over a 2,000 square foot reflecting pool of black volcanic candistone. "Construction followed a deliberate theme of...
From the sddt.com: Developers and construction officials are seeing signs of what could be the next trend in San Diego’s construction: multifamily housing. The county of San Diego reported 541 multifamily permits were pulled in February, the most in any month since...
From Alejandro Laso at the latimes.com: Major banks may be forced to let severely delinquent homeowners sell their houses for less than the loan amounts owed as part of a broad settlement of federal and state investigations into botched foreclosure paperwork,...
Location: Renton, Wash. Price: $2,488,000 The Skinny: This 3,800-square-foot glass and concrete number lies on 70 feet of Lake Washington waterfront and features a "spa," media room, deep-water mooring, and boulder-lined swimming pool. Apparently, all those luxuries...
What does it mean when three model-matches go pending the same week? Casual observers might think, "the market's picking up!" It makes people wonder if they sold too cheap. It'll make sellers think they should adopt the "wait it out" program. But those paying...
From the latimes.com: Nearly a decade after he purchased Lloyd Wright's 1926 Sowden House and pumped more than $2 million into the historical property, designer Xorin Balbes has put the Mayan Revival on the market. The home has a rectangular design. Its rooms open to...
From the S&P press release: New York, March 29, 2011 - Data through January 2011, released today by Standard & Poor’s for its Case-Shiller Home Price Indices, the leading measure of U.S. home prices, show further deceleration in the annual growth rates in 13...
From the U-T: The condo owners in the landmark El Cortez Hotel building in downtown San Diego have received a $6.4 million settlement in a construction-defect lawsuit and are moving to fix the many water leaks that were detected even before they moved in. "I believe...
