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Real estate Q&A: How can I make my community's board listen to my ideas?

Consumer / Home and Consumer News /

Q: I live in a beautiful community that is well maintained by the board and its various committees. All is great, except for the roads -- they are ugly with oil marks and patched areas. I have asked after this, but it does not seem to be a priority of the board of directors. How do I get the board to address this issue? -- Philip

A: Most people...Read more

Craigslist, Facebook and beyond: Local experts offer tips for buying and selling items online

Consumer / Home and Consumer News /

CHICAGO - Three days before Yael Meshulam left for college in 2010, she had $800 stolen from her bank account after buying an item on eBay. She hasn't used the platform since.

"The $3 ring from China was absolutely not worth the hours I spent on the phone with both my bank and PayPal, both claiming the other was responsible," said the...Read more

Red Lobster introduces cheap early-bird specials on weekdays

Consumer / Home and Consumer News /

Red Lobster has new early-bird dining deals on weekdays.

The Orlando, Fla.-based chain has introduced a different early-dining special on popular seafood dishes from 11 a.m. to 6 p.m. Monday through Friday. Prices start at $15 per entree.

Here a rundown:

Monday: Mix and match from Garlic Shrimp Scampi, Hand-Breaded Shrimp and Wood-Grilled ...Read more

A home you can afford: How land trusts are changing Bay Area home ownership

Consumer / Home and Consumer News /

A year ago, Norma Sanchez and Ambrocio Carrera were on the verge of losing their East Oakland home -- staring down a massive rent hike and with no hope of affording a new place close to their jobs or their three sons' schools.

Now, thanks to an innovative strategy gaining traction in the Bay Area, not only did the family stay put, they're on ...Read more

Billion with a 'b': Prized mountaintop acreage in LA aims for $1,000,000,000

Consumer / Home and Consumer News /

LOS ANGELES -- On a summit above Beverly Hills, a sweeping 157-acre property touted as the city's finest undeveloped parcel is hitting the market with L.A.'s first-ever 10-figure asking price: $1 billion.

It's being branded as "The Mountain," and fittingly so. The undeveloped acreage sits at the highest point in the 90210 ZIP Code, and it's -- ...Read more

Millennials really do have it tougher — compared with 1977

Consumer / Home and Consumer News /

Is life more expensive for America's millennials? We may hate to admit it, but yes.

New data reveal millennials don't earn as much, pay more for higher education and put off home purchases longer than Gen Xers and baby boomers did.

Note a stunning report from the news site Axios, which shows just how the cost of living has risen for Americans ...Read more

The Journey: Paying off mortgage quickly is not always the optimal retirement strategy

Consumer / Home and Consumer News /

Q: I will soon make our final mortgage payment. My wife will retire in two years and I will work to age 67. We are both 60 today. Because I don't get a pension I really have been looking forward to this final payment. We bought the house 25 years ago, but I shortened the term of the loan by refinancing to a 15-year loan in 2003. Are we doing ...Read more

A 'unique' opportunity for investors spells mass eviction for tenants

Consumer / Home and Consumer News /

LONG BEACH, Calif. -- Life at The Driftwood apartments was far from perfect. Tenants said the plumbing was prone to leaks and once in a while a cockroach might scamper through the kitchen.

But rent, at $800 or less a month, was doable. And the cream-colored building on Pacific Avenue in Long Beach held special memories.

For Jonaya Chadwick, 19...Read more

Wayne Bradshaw rose from humble beginnings to shepherd black banks through turmoil

Consumer / Home and Consumer News /

Wayne-Kent Bradshaw, 71, is chief executive of Broadway Federal Bank, an institution he helped rescue from fraud and the recession. It's now the last African American bank headquartered in the Western United States, and the probable last stop in a successful career that would have seemed unlikely as a teenager in Jamaica. Bradshaw says he has ...Read more

Hot Property: A little bit of the romance is gone

Consumer / Home and Consumer News /

LOS ANGELES -- Talk show host Ellen DeGeneres and wife Portia de Rossi have made a quiet exit from their Montecito estate, selling the romantic weekend retreat in an off-market deal for $34 million.

The couple bought the 16.88-acre spread in 2013 for $26.5 million and spent about four years restoring, updating and expanding the property. They ...Read more

Susan Tompor: No, Tyler Perry isn't paying your tuition: Don't fall for this and other college scams

Consumer / Home and Consumer News /

Entertainment mogul Tyler Perry does not have a scholarship sitting on the sidelines just waiting to help you go to college. No matter what you might spot on Facebook.

No one who just calls you out of the blue needs your credit card number to hold onto a scholarship in your name, either.

And really, someone you meet at a party does not have a ...Read more

California's hotel construction sets a blistering pace

Consumer / Home and Consumer News /

Coming off a record-setting 2017, hotel development throughout California so far this year shows no signs of slowing, even as construction costs continue to climb.

There are 182 hotels accounting for nearly 25,000 rooms under construction up and down the state -- a 40 percent increase over the first half of 2017, reports the Atlas Hospitality ...Read more

East Bay developer sued for bulldozing Native American remains

Consumer / Home and Consumer News /

WEST SACRAMENTO, Calif. -- The Contra Costa County-based Seeno homebuilding empire is once again in the legal crosshairs -- this time for destroying a Native American burial ground in West Sacramento, according to a legal complaint filed in Yolo County.

On Oct. 6, 2015, a Seeno family subcontractor bulldozing land for the new housing ...Read more

Real estate Q&A: Do I have to reimburse my tenant for 2 days without A/C?

Consumer / Home and Consumer News /

Q: We rent out a condo where the association controls the air conditioning and all utilities. Our tenant reported to us that the apartment was without A/C for two days and it was unbearable, so they stayed in a hotel. With the summer heat, I am sure it was sweltering in the apartment. They want me to reimburse them. I think it is the condo's ...Read more

The Mortgage Professor: Curbing HUD losses on HECM reverse mortgages: Further thoughts

Consumer / Home and Consumer News /

In a previous column, I noted that large losses on HECM reverse mortgages could be attributed to adverse selection. The program attracts too many borrowers in desperate financial condition and too few borrowers with options.

I argued that HUD, instead of cutting the amounts that borrowers can draw, which could make the adverse selection even ...Read more

The Mortgage Professor: Curbing HUD losses on HECM reverse mortgages: Further thoughts

Consumer / Home and Consumer News /

In a previous column, I noted that large losses on HECM reverse mortgages could be attributed to adverse selection. The program attracts too many borrowers in desperate financial condition and too few borrowers with options.

I argued that HUD, instead of cutting the amounts that borrowers can draw, which could make the adverse selection even ...Read more

Southern California median home price jumps to $536,250 as sales fall

Consumer / Home and Consumer News /

LOS ANGELES -- The Southern California median home price reached a new all-time high in June, jumping 7.3 percent from a year earlier. However sales plunged over the same time period, indicating sky-high housing costs could be burning out many home shoppers.

The six-county median -- the point where half the homes sold for more and half for less...Read more

You can get free McDonald's fries every Friday for the rest of year

Consumer / Home and Consumer News /

You can now enjoy McDonald's french fries guilt-free (or at least slightly guilt-free) on Fridays.

The fast-food chain is giving away free medium fries with a $1 purchase every Friday from now until the end of 2018.

You have to download the McDonald's app to get the coupon to take advantage of the deal.

Visit the Detroit Free Press at ...Read more

For Krispy Kreme's birthday, you can buy a dozen doughnuts for $1 (with a catch)

Consumer / Home and Consumer News /

The only problem with the sweet perfection of a doughnut is that the hole leaves nowhere to stick a birthday candle.

North Carolina's Krispy Kreme will celebrate its 81st birthday this Friday, and the doughnut maker is providing the cake, of sorts.

At locations across the country, if you buy a dozen doughnuts at regular price, you can get ...Read more

 

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