Credit Scores: Briefing

Tighter Lending Makes Cracking the System Vital; Benefits of Paying on Time. Are you keeping score? Credit scores have been getting a lot of attention lately, as lenders tighten credit standards and contend with new legislation that has, among other things, reined in...

First-Time Homebuyer Tax Credit made EZ

The First-Time Homebuyer Tax Credit Qualifying first-time homebuyers can claim 10% of the purchase price up to $8,000, or $4,000 for married individuals filing separately. The credit is available for purchases completed on or after January 1, 2009, and before December...

Buyers use self-directed IRA to buy homes

Nathan Foran used his self-directed IRA to buy a dilapidated foreclosed house in Richmond for $25,000 cash. Another $25,000 to $35,000 from the retirement account will go toward fixing up the property. He then hopes to rent it out for about $1,000 a month, money that...