Saturday, November 28, 2009

Yard Sale Router

For all of my yard sale friends that are either shopping or having a yard sale this is a great tool. This site will map the yard sales that are listed on Craigslist with descriptions of the sale. Just click on the red balloon for each listing and you will get the address, times and details of items for sale. This is a must for those having a yard sale and it's free!!! Check it out!

Wednesday, November 18, 2009

Understanding Credit Scores

Credit scores can be very confusing about how they are determined. The #1 item is payment history that accounts for 35% of your credit score. If you declare bankruptcy, have judgements, collection accounts etc it will hurt your score. The #2 item is maxing out your credit. Do not live beyond your means by maxing out your credit cards. This accounts for 30% of your credit score. Credit history accounts for 15% so do not close any accounts that help establish long term credit. And finally at 10% each, credit inquiries and not having a mix of credit can hurt but at 10%...not too much.
I hope this helps.

Wednesday, November 11, 2009

IRS Link to the New Tax Credit

For complete details on the new tax credit click on the title to this post.

There is a chart of the changes in the links to the left.


Friday, November 6, 2009

Tax Credit Extension signed by the House

Great News! The house has agreed to the Tax Credit Extension and now it awaits for The President's signature. And the really good news is that it now includes a tax credit of up to $6500 for purchasers that currently own a home as their principal residence consecutively for 5 of the last 8 years. Check out the chart at the NAR website for specifics by clicking on the title of this posting.