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Real estate Q&A: Why do I need two types of title insurance?
Q: We are buying our first home and are stretching our savings to pay for the down payment and closing costs, not to mention the moving expenses. Our lender sent us our closing cost estimate, which showed that “owner's title insurance” was optional, even though we were required to purchase “lender's title insurance.” What is the ...Read more
A complete guide to 401(k) retirement plans: What is a 401(k)?
If you’re working and already saving for retirement or plan to start socking away money soon, investing in a 401(k) plan can help you build a sizable nest egg.
If you’re thinking about signing up for a 401(k), or simply want to know more about how to take full advantage of this type of retirement savings vehicle, here’s everything you ...Read more
If you lost your home or business in the wildfires, here's what to do next
With more than 1,100 structures already destroyed by three wildfires that continue to rage out of control around Los Angeles, homeowners and business owners face a long road ahead to recoup their losses.
Filing an insurance claim is one of the many tasks to take care of after the loss of a home or business. It is lengthy process that has become...Read more
Keep yourself and your money safe from these four scams
The holiday season often includes gift-giving to loved ones and charitable causes, but authorities say the threat of scammers seeking to trick victims into giving them large sums of money and personal information persists year-round.
Here are some common scams and how to protect yourself from them:
'Pig butchering'
“Pig butchering” refers...Read more
Before and after: A California garage is now a serene Kyoto-style ADU
Elizabeth Altounian’s South Pasadena accessory dwelling unit is more than just a living space. It’s a manifestation of beauty, wonder and spirituality, all intertwined. This 400-square-foot former garage, adorned with traditional Japanese shoji screens, a platform bed with a tatami mat and a covered engawa porch running along the entrance of...Read more
Home insurance costs in Florida spiked in third quarter. Are more increases on the way?
Those stabilized home insurance costs that industry leaders and state insurance regulators touted over most of 2024?
It looks like premiums might be heading up again.
That’s what a South Florida Sun Sentinel analysis of insurance market share data from the third quarter of 2024 shows.
The statewide average premium paid for an all-perils ...Read more
6 best investments for beginners
The idea of investing can be intimidating if you’re just starting out, but it’s an important part of saving for various financial goals and building wealth. You’ll encounter many different market environments throughout your investing life, so don’t get too caught up in whether now is the perfect time to get started.
But before making ...Read more
Should you actively trade in a Roth IRA?
A Roth IRA is considered by many financial experts to be the best retirement plan out there. Workers can invest money on an after-tax basis and then withdraw their funds in retirement (after age 59 1/2) tax-free. They can enjoy decades of compounding growth and never owe the taxman a cent as long as they follow the plan’s rules. No wonder it�...Read more
Liberty Mutual canceled this Southern California homeowner's policy. Now she's suing
A Southern California homeowner is suing Liberty Mutual Insurance Co. for canceling her longstanding insurance policy, accusing the company of dropping her for bogus reasons.
In the proposed class-action lawsuit, Maria Badin said she had been a Liberty Mutual customer since 1993, when she bought her home in Poway. She alleged that in late ...Read more
Bill Cosby defaults on $17.5 million mortgage, faces foreclosure for a second NYC townhouse
Bill Cosby, the disgraced comedian who has been accused of sexual assault by dozens of women, now has two Manhattan townhouses facing foreclosure.
Cosby, 87, allegedly defaulted on a mortgage for his 12,000-square-foot Upper East Side house after not making payments since June, according to court records. The complaint, filed in New York County...Read more
Real estate Q&A: Guidelines to dealing with problems
As 2025 begins, it looks like it will be another interesting year in real estate.
While it is difficult to predict the ebbs and flows of the market, I can say with certainty that some of you will have a problem concerning your home. Every problem is unique, but after decades of legal practice, I have developed some general guidelines to help ...Read more
First-time home buyers 'struggle to find opportunities.' San Diego home price gains rank No. 7 in US
SAN DIEGO — San Diego home price gains have slowed compared to remarkable highs over the past few years.
In October, the San Diego metropolitan area’s home price increased 4.5% annually, said the S&P Case-Shiller Indices report released Tuesday. The highest gains in the 20-city index were in the New York metro area, at 7.27%, and Chicago, ...Read more
Developers making millions from 'affordable housing' program lobbied California lawmakers to shut down regulation
Developers who have reaped millions of dollars from an affordable housing program for middle-income renters with sometimes little-to-no discounts from market rents have spent hundreds of thousands on lobbying and campaign donations in recent years in a bid to keep lawmakers from imposing regulations.
The expenditures represent a fraction of the...Read more
Las Vegas catching up on room losses with Tropicana, Mirage closures
Southern Nevada lost more than 4,500 hotel rooms in 2024 when the Tropicana and Mirage closed their doors and the region won’t fully bounce back from those losses until the Hard Rock Las Vegas opens its doors in 2027, the Las Vegas Convention and Visitors Authority said.
The Tropicana closed in April with its two towers imploded in October to...Read more
Discrimination based on source of income still widespread despite new Illinois law, housing advocates say; recent lawsuits may change that
After eight years on the waitlist, Mikia Knighten was excited to learn in October 2022 that she had received a housing voucher from the Chicago Housing Authority.
The rental subsidy would allow her to move to a better neighborhood with better opportunities for her and her now 4-year-old daughter, she said.
It was going to “take a little bit ...Read more
Being a 'bedroom community' comes at a cost for those south of Silicon Valley
For Trey Dremel, much of life is dictated by his commute. Every weekday morning, he leaves Morgan Hill, California, before dawn, driving at 4 a.m. to try and skip the traffic flowing north so he can make it to work on the San Francisco Peninsula on time. Most nights, he is in bed by 7:30 p.m. so he can wake up again for the early drive.
While ...Read more
2025 crypto forecast: Bitcoin price predictions
Traders love to hear projections about their investments, whether it’s stocks, cryptocurrency or something else entirely. But crypto traders follow forecasts even more closely than the average investor because crypto prices thrive on optimism. Without increasing levels of optimism, cryptocurrency would be worthless — and literally thousands ...Read more
Survey: Experts share the top overlooked investment themes that deserve more attention in 2025
Stocks have mostly been on a tear in 2024, with the S&P 500 up more than 23% as of mid-December. But the strong performance has left stocks trading at elevated valuations, and the Federal Reserve has signaled it needs to see more progress on inflation in order to cut interest rates further in 2025.
So, what should investors look out for as ...Read more
Got an apartment and need some renters insurance? In California, be prepared to pay more
LOS ANGELES — After renovations forced Monique Gomez to move out of her Westside apartment, the tenant of four years was surprised to learn she would have to find another company to sell her renters coverage.
Her insurer, State Farm General, stopped writing new property policies last year, and she was told that even though she was an existing...Read more
Fate of endangered Chicago historic buildings still hangs in the balance as feds weigh security needs
CHICAGO — Historic preservationists thought their demands had been answered this summer when the federal government appeared to green-light the rehab of the two century-old office towers it’s owned on State Street for nearly two decades. But security restrictions governing how the buildings are used going forward have raised questions about ...Read more
Popular Stories
- If you lost your home or business in the wildfires, here's what to do next
- Real estate Q&A: Why do I need two types of title insurance?
- A complete guide to 401(k) retirement plans: What is a 401(k)?
- Bill Cosby defaults on $17.5 million mortgage, faces foreclosure for a second NYC townhouse
- Keep yourself and your money safe from these four scams