Here's a heads-up to Chicago renters and condo dwellers: Your building managers know the Deadheads are descending on Chicago in July and they'll be watching who's going in and out of your building with suitcases.
Q: There was a flood a few floors above my condo, so my unit and its contents were heavily damaged. My insurance company sent out a representative, who wants to pay me much less than what I think the damages are worth. Is there anything I can do?
Markets don't work well when one party to transactions has much more information than the other party, especially when the party with better information also controls the process. The two best illustrations of this rule are the markets for medical services and home mortgages.
Straight through the roof. That's where the elevator cage seems headed as passengers race toward the top floor of a luxury high-rise tower that's under construction near the water's edge in San Francisco's South of Market district.
Mortgage points are an upfront payment to the lender, expressed as a percent of the loan amount. For example, one point on a $210,000 loan is $2,100. Points are part of the price of a mortgage, along with the interest rate.
Big banks have been scaling back their massive branch networks in recent years - closing offices and designing smaller ones - as more customers have fewer reasons to do their banking any way but electronically.
Q: I am in the process of buying a vacation home with my sister. One of my friends relayed some horror stories about this type of arrangement, and I was wondering what we could do to make sure this does not turn into a problem between us?
Northern San Joaquin Valley home values made remarkable gains in 2013, with home sale prices soaring by more than 20 percent in most cities. Denair led the pack, skyrocketing 48.3 percent, while median-priced homes in Patterson posted 40 percent gains, according to just-released annual statistics from DataQuick.
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