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Key Takeaways
HECM fees are higher, but they pay for strong FHA-backed borrower protections.
The longer you stay in the home, the more a HECM’s costs can make sense, since upfront fees are spread over time.
A HECM works best when used ...
An Amazon warehouse near the gates of Los Angeles International Airport has sold for a record price as logistics centers near transportation hubs grow in value.The real estate investment arm of global financial services firm Morgan Stanley rec...
Why this article is important: As wildfire seasons become more destructive in our changing climate, legislatures are trying to keep up. A new law extends Prop 13 benefits for homeowners rebuilding after 2025’s devastating wildfire season. Pro...
Key Takeaways
NHF can provide up to 5% of the loan amount for down payment or closing costs that often does not need repayment.
Eligibility is broader than many buyers expect including repeat buyers flexible credit rules and multiple loan t...
Longtime radio host Howard Stern has announced that he's signed a three-year contract renewal with SiriusXM, ending furious speculation that he was set to leave the broadcaster after 19 years on the airwaves.
Stern, 71, shared the happy news...
Why this article is important: Climate risks are growing in California, and buyers of property are to be informed by the seller — and the seller agent — of property available for sale of the risk of loss it presents due to natural disaster....
Joseph Hoffman’s Bushburg Properties has snapped up another deeply discounted FiDi office building.Bushburg bought the 1970s-era office building at 100 William Street for $70 million, The Real Deal has learned. That’s less than half the $1...
When you are browsing homes online or walking through showings, you will see the phrase move-in ready everywhere. At first glance it sounds simple. A move-in ready home should be a place you can walk into, set your belongings down, and be...
Anyone who thought the final nail had been hammered in the dispute between cities and the state over builder’s remedy might want to think again. Let’s revisit the latest in the saga involving Huntington Beach, starting with the observation...
Why this article matters: California’s legislature is encouraging the development of Junior accessory dwelling units (JADUs) in answer to the statewide housing shortage. By relaxing owner-occupancy requirements, JADU numbers are likely to rec...