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 $8,000 Home Buyer Tax Credit at a Glance The tax credit is for first-time home buyers only. The tax credit does not have to be repaid. The tax credit is equal to 10 percent of the home's purchase price up to a maximum of $8,000. The credit is available for homes purchased on or after January 1, ...
03/14/2009
The American credit reporting system is the envy of the world. Credit reports and credit scoring have been responsible for creating timely access to consumer credit at less expense to consumers. The federal Trade Commission has called the timely access to credit "a miracle (that) is only possibl...
09/24/2008
A short sale almost certainly will negatively impact credit scores because you are settling the mortgage debt for less than you agreed to pay originally. I say almost certainly because in rare cases a lender may report the debt as paid in full and forgive the remaining portion of the debt.  While...
09/24/2008
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