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- published 3/27 (Larry) - unpublished ?

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Features Business & Finance

John Becker of Bald Head Realty announces that Kathy Clifton is celebrating the New Year by taking a new direction in her real estate career that spans 25 years.

As of Jan. 1, Clifton has joined John Becker, Kelly Dee, Kristin Green, and Melissa DeLorenzo White on the Bald Head Realty team located at 411 E. Main Street in Franklin.

“Clifton is a veteran agent/broker and has been my real estate and personal mentor since 2006,” says Becker. “We are so blessed to receive Kathy as she will enhance all of us with her high level of integrity, service and professionalism.”

Contact Clifton direct at (828)226-1074 (cell) or at the Bald Head Realty office (828)369-0000, or visit her website www.FreeFranklinSearch.com.

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Anyone who's bought groceries, filled their gas tank or paid insurance premiums recently would probably be surprised to learn that, according to Department of Labor's Consumer Price Index for Urban Consumers (CPI-U), the rate of inflation is relatively flat – only 1.2 percent from September 2012 to September 2013.

That's bad news for people who were hoping to boost their contributions to an IRA, 401(k) plan or other tax-advantaged retirement savings accounts, since the IRS uses the CPIU's September year-over-year performance to determine whether or not to make cost-of-living adjustments to many of the retirement contributions you and your employer can make in the following year.

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The staff of The Macon County News participated in a ribbon-cutting this past Monday, celebrating their move to 26 West Main Street in downtown Franklin, starting the new year in a new location.

The new office is located across from the Macon County courthouse next to the Historical Society Museum in what is locally known as the Pendergrass building.

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Full disclosure: I've always been somewhat skeptical of timeshares. I understand the appeal of having a guaranteed vacation home in an area you love and being able to swap your unit for a place halfway around the world.

But I worry that many buyers don't consider all associated costs and mistakenly think timeshares are sound financial investments that will appreciate in value. In fact, sellers rarely make a profit – some only get pennies on the dollar. Plus, the waters are filled with sharks eager to rip off people desperately trying to unload unwanted timeshares.

Before you buy a timeshare, understand how they work, challenges you may face when trying to resell and scams to avoid.

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published: 10/18/2013
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