Ultimate Finance Knowhow

Corinne M asked:


Right now I am a math education major and I realized that I don’t want to teach. And now I don’t know what to change my major to. I was thinking of either going into Business Finance or Accounting, but I don’t know which one is harder or requires more work/effort.

I was also wondering what kind of jobs you can get with both? I heard that with accounting you are pretty much limited to one kind of job. And with finance you have a more broad selection.

Denis

Georgina asked:


I signed to purchase a home for $700,000. House will not be done until April 2007. Between now and then, if the prices of the homes drop, will I be obligated to pay what I signed up for or do I only finance what the house is worth at the time?
FYI - contract was signed with a builder. You can not qualify for an amount more than the appraised value, shouldn’t this be reason for them to take the price down? Also, since it is quickly becoming a buyers market, shouldn’t I be able to leverage that and negotiate with the builder? Any suggestions on how I can do that?

Darwin