Thursday, January 31, 2008

Is It Wise to Pay a Retainer Fee

Question: My fiancé and I are looking to find a real-estate agent and buy a house. We met an agent with 28 years of real-estate experience in our area who gave us a lot of paperwork to look over. However, he said that in order for us to retain his "team," which includes his daughter, for one year, we need to pay him a non-refundable fee of $395. My fiancé and I are a little leery. Does charging a fee sound right to you? Also, we are okay about working with him, but are not comfortable with having to work with his daughter as well. He made it sound like we would be working more with his daughter than with him.



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Presidential Candidates' Subprime Solutions

As voters across the country prepare to head to the polls this week and next, and with a clear-cut favorite yet to emerge from either party, questions about subprime lending and the solutions to our current housing troubles are coming to the forefront of the nation's primary races.


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America's Hardest-Hit Foreclosure Spots

What could be worse than getting behind on mortgage payments? Owing your lender more than your home is worth.


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Office Investors.........

From Banner Year to Uncharted Territory.......



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Fear! Panic! Time to buy

Wall Street is focusing only on bad news. That means there are opportunities to scoop up quality companies on sale.


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Jobless claims surge in latest week

Jobless claims surge in latest week
First-time claims jump back to 375,000, the loftiest level since October

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Positive Reaction to Fed rate cut short lived

90 minutes of fame
Commentary: Positive reaction to Fed rate cut proves short-lived
ANNANDALE, Va. (MarketWatch) -- For about an hour and a half on Wednesday afternoon, it looked like the Federal Reserve had succeeded in pulling another rabbit out of its hat.

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Wednesday, January 30, 2008

GDP Growth Slowed in 4th Quarter

WASHINGTON -- The U.S. economy braked sharply last autumn, pulling growth for all of 2007 to its lowest speed in five years as the housing slump took a heavy toll.


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Feds cut rates half point

Stocks climb as feds cut rates....


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Home Buying Tips

This is an article every first time home buyer should read......

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