You are a senior who finds an advertisement for reverse mortgages appealing, except that you don't trust ads to tell the whole truth about anything. You have a well-justified fear that if you respond to the ad, a glib sales person will take over the process, perhaps seducing you into a deal that you will later regret.
Q: I am a social worker and have a client who is struggling financially and thus has to have a roommate. Her condominium association always has had to approve renters. The board decided that it did not like my client's last renter and is voting on changing the rules so that unit owners can't rent rooms in their condos. She was told she should sell her unit if she can't afford to live there. Can you please offer some advice?
Back in the fall of 1986, Michael Reardon and Jill Lawrence were looking to buy their first house. Young artists, they found what turned out to be their heart's desire: a Craftsman bungalow, built around 1911.
With the average new home price in the U.S. coming in at more than $350,000, according to the U.S. Census Bureau, some people are scaling down. They're building tiny homes, complete with most of the modern conveniences of normal-sized homes, such as working kitchens and bathrooms. These homes are usually only a few hundred square feet and cost an average of $23,000, according to tiny house resource site TheTinyLife.com.
PITTSBURGH - Losing a home to foreclosure has left such a bad taste with some former homeowners that they have lost much of their will and desire to go through the underwriting process to get approved for a new home loan - even though years may have gone by since the foreclosure episode.
LOS ANGELES - When co-working firm Cross Campus opens an office in downtown Los Angeles in May, its tenants will include the typical startups looking for collaborative work environments, shared coffee bars and the flexibility of a short-term lease.