Homeowners in Los Angeles are facing tough choices in keeping their lawns green during a devastating drought, pushing some far enough to spray paint them.
While evacuation orders are in effect for hundreds of homes in the potential path of the Butts fire burning in the Pope Valley area of Napa County, but not all homeowners are leaving.
Millions of homeowners who took out Home Equity Lines of Credit during the housing boom are facing a looming deadline that could mean much larger monthly payments.
The report, titled “Underwater America: How the So-Called Housing ‘Recovery’ is Bypassing Many American Communities” is a first-of-its-kind look at the magnitude of the underwater mortgage issue.
Now, property owners can voluntarily apply to legalize their in-law units, of which there are thousands in San Francisco.
An association of Contra Costa realtors have started running radio ads in opposition to the City of Richmond’s plan to use eminent domain as a way of helping financially struggling homeowners.
The Richmond City Council has set up new guidelines for the proposal.
The mayor of a financially struggling East Bay city and several supporters showed up unannounced Thursday at Wells Fargo Bank’s headquarters to demand it drop a lawsuit fighting a novel plan to refinance hundreds of “underwater” mortgages.
The city is the first in the country to take the step of threatening eminent domain to handle underwater mortgages.
This despite the state’s incentive program winding down with its goal nearly achieved.