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So there is all this talk now about the “fiscal cliff.”
A lot of people are curious about the $8,000 tax credit for new buyers offered by the federal government as part of the stimulus plan. People are also confused about how it works.
Real estate is not rocket science. It is a function of economics and psych-ology. We cannot control the former, but should strive to under-stand it.
We all think we are safe. If we haven't experienced danger, we tend to live in a bubble thinking nothing bad will ever happen. But it can; and it does. So, what are some little things we can do to protect ourselves and our families in our homes?
So your tax rebate check is on the way! Pay off a credit card? Add to your savings account? Both good ideas.