About 1 million homeowners could get their mortgages reduced by an average of $20,000 if major lenders agree to settle a government inquiry of improper foreclosure practices.
A deal is getting closer, and although a formal announcement is not expected this week a few details are emerging.
You’ve decided to dip your toe into the sea of properties available in the real estate market. Now, the question is: single-family home or condo?
Though location and price are prime considerations for both, real estate agents cite lifestyle as a major factor.
Why? Because when you buy a single-family house, you purchase the land on which it sits, and are responsible for maintaining it.
“When you buy a condominium, you are also buying the services,” said developer/real estate broker Allan Domb, who specializes in the high-rise market in Philadelphia’s Center City area – “the doorman, the facilities offered, maintenance and professional management.”
“In addition, condos in Center City offer buyers a chance to live in locations” where single-family houses are few or are spoken for, he said.
So, if you don’t like mowing the lawn or driving to the gym, or if you travel out of town frequently, a high-rise condo might be your choice.
“It provides you the freedom of locking the door and leaving without worrying” that something will go wrong and remain unattended until you return, Domb said.
With a condo, you do give up some freedom.
Since the market downturn several years ago lawmakers in Washington have been talking about reforming the secondary mortgage market but nothing has come out of Congress yet.
Panattoni Europe and Standard Life Investments announce that a lease contract at Panattoni Park Teresin has been extended. 35,600 m² of modern warehouse space will continue to be occupied by its current tenant – DSV Group. 
DSV Group – a global leader in the logistics and transportation market – is staying at Panattoni Park Teresin, owned by Standard Life Investments and developed by Panattoni Europe. The lease contract has been extended by another five years for the 35,600 m² occupied to date. The transaction was mediated by the real estate firm Colliers International.
“We chose this development in 2007 due to its good location and the competitive rental rates offered. Both factors again played a key role in our decision to extend the contract. On top of that we have experienced excellent facility management and true partnership approach in Panattoni Park Teresin over the past four years. A Full Post…
Nationwide quickly changed tack and told you that, as a one-off goodwill gesture, it will waive the charge. Cahoot says it cancelled the charge when you telephoned. They could have told you sooner to save you worrying.
After I got my driver’s license, my very first car was a 1985 Oldsmbile Delta 88. The car had a powerful V8 engine, large plush bench seats, a tape deck radio that no longer worked, and a bumper that was an actual bumper and not a piece of plastic. While I loved that first car, it lacked many of the amenities of today like satellite radio, anti-lock brakes, an iPod dock, and air bags. There are a lot of 401(k) plans that are like an Oldsmobile Delta 88, lacking many of the amenities that have been developed in the 401(k) industry. 401(k) plans are not only a vehicle for retirement savings for employees; they can be seen as an important employee retention tool if the employer takes their job as plan sponsor seriously. Many of these amenities can be added to an existing 401(k) plan with little or no additional cost.
Adding A Roth 401(k) Feature
One of the most positive developments within 401(k) plans has been the addition of the Roth 401(k) feature for the plans that decided to implement it. T