With the tax-credit deadline looming, our reporter decides whether to jump in now or bide his time. My wife, Christina, and I watched last year as home prices in Washington, D.C., seemed to bottom out, bummed that we couldn’t take advantage of the generous federal income-tax credits for first-time buyers because we didn’t have enough …
Category Archives: Real Estate
Pay off a Mortgage or Save for College?
Owning their home free and clear would give this family more cash to cover tuition expenses. Our Reader Who: Rachel Aptekar, 46 Where: Davis, Cal. Question: Should I use spare income to slash mortgage debt or invest in a 529 plan? A part-time biology instructor at two colleges, Rachel earmarks $12,000 a year for her …