December brings holiday cheer and the end of the 2008 tax year. Not exactly "visions of sugar plums dancing," but certainly in the dreams of most adults as 2008 comes to a merciful close. How can you position yourself this month to maximize your 2008 tax savings?
With the country's economy and housing crisis currently on everyone's mind, owning your own home may not seem like a realistic venture right now. But home ownership shouldn't be out of anyone's reach, including lower income families and first-time buyers. Before dashing out to your local lender, however, educating yourself on what government backed loans and programs are available is essential to your long-term homeownership success.