What is an reo home?

Answer After a home is foreclosed on, the bank places the property up for auction. Some houses sell, recouping some of the money lost on the defaulted mortgage. Unsold homes become property of the bank an... Read More »

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What if you own a home that has a home association but the home association did not make you a member or send you a bill?

Review the documents you signed when you purchased your home. If your home is within an association boundary, you, too, are responsible for the maintenance, preservation and protection of all the r... Read More »

What kind of home qualifies for the first time home buyer credit?

Home buyers who haven't owned a home in the previous three years can get a tax credit of up to $8,000 on their federal income tax return. For most buyers, the home must be under contract by April 3... Read More »

What do i do if my new home blueprints from the city do not match my actual home?

What is the statute of limitations for a home owners association to take action on a home owner?

The CC&Rs -- covenants, conditions, rules and regulations -- that govern an association have no time limit. They are perpetually in force until the association's board changes them or cancels them.... Read More »