CHICAGO - After graduating from college in 2014, Dean Pearce, 24, weighed why he should or shouldn't continue to live with his parents. His conclusion: "The 'pro' is: You're never alone. The 'con' is: You're never alone."
Q: We are renting a house. About 60 days before the end of the lease, the property management company told us that the landlord decided to sell. This came as a shock because the last we chatted with the landlord, he was trying to confirm that we intended to renew the lease. This has not given us enough time to save for the extra startup expenses of a new lease. The real estate agent keeps contacting me to show the property, which is a major hassle. Is there anything we can do to be left alone until we have to get out of here?
When a borrower is weighing whether or not to take out a home equity conversion mortgage - the reverse mortgage offered through the Federal Housing Administration - there are three key decisions to consider.
LOS ANGELES - The gig: Steve Fifield, 68, is co-founder and principal of Century West Partners, a Los Angeles developer that has nearly 1,500 luxury apartment units under construction across the region. Century West is particular active in the city's Koreatown, a neighborhood awash in new apartments, restaurants and bars. Before starting the firm in 2010, the Indiana native was well known in Chicago, where under the Fifield name he built high-rise office towers. To date, Fifield's companies have constructed more than 6 million square feet of offices and more than 7,000 residences nationwide.
Q: My wife and I live in a nice community. With the market turning around, we occasionally get messages from people who may or may not be real estate brokers, asking if we are interested in selling our house. Usually the notes are handwritten, like the one we found on our front porch this morning from "Leo." What do you make of this?