Q. What is the difference between a tax credit and a tax deduction?
A. A tax credit lowers your tax bill dollar for dollar. A deduction shaves money off your taxable income (the value depends on your tax bracket).
Q. What is included in a home's square footage?
A. Typically only "livable space" is included in the square footage. Garages, unfinished attics and basements for example are not included.
Q. What is a realistic number of homes to view prior to buying?
A. As many as it takes to find a home that meets or exceeds your criteria. To help determine your "must haves" versus "would likes" contact me for a home buyer worksheet.
