For generations of white American families, homeownership has been a fundamental means of accumulating wealth. Their homes have grown in value over time, providing security in retirement and serving as an asset against which they can borrow for education or other purposes.
Before creating a multigenerational home, do your research and consider a “house prenup” for finances and an “exit strategy” in case somebody decides to move out. Jessica Peterson, her husband, Keith, and her recently widowed mother, Beth Lyons, share a two-family home in Connecticut. Foreclosure News
Ten years after the depths of the financial crisis, the Fort Myers area has mostly healed. Median single-family home prices in Lee County have more than tripled from the bottom reached in 2011, unemployment is below the national average at 3.2%, and construction is everywhere. Foreclosure News
U.S. BANK NATIONAL ASSOCIATION, as Trustee for the Structured Asset Investment Loan Trust, 2005-10, its successors in interest and/or assigns, Plaintiff-Respondent, v. Donald E. McCOY, III, aka Donald Eugene McCoy, III, Defendant-Appellant, Virginia Lee McCOY, aka Virginia Lee McLaughlin; et al., Defendants. Foreclosure News
What are we going to be talking about this summer? One topic is the economy, and the thought that rising short-term rates are a signal that the economy has recovered to the point where businesses and consumers don't need ridiculously low borrowing rates to participate in it. Yet May's housing starts number hit an 8-month…
In May, sales of previously-owned homes slumped, the second month in a row of declining sales . The National Association of Realtors, which tracks those sales, pointed to the same culprit it's blamed for the past few years: not enough supply of homes to buy. Foreclosure News
Most of us pay $ 30 to $ 40 per quarter for our water but a Fairport woman who purchased a new home recently just got walloped with a $ 4,000 water bill and she hadn't even used a drop yet. Selma Ramusovic just graduated from the University of Buffalo and, at 22 years old,…
