New State Tax Credit for first time homeowners and new construction purchase is once again alive!
Posted by Rick Goates on Thu, Mar 25, 2010 @ 09:01 PM
Redding Ca News-Redding Ca Real Estate,Homeowners may have relief!
Good news if you are purchasing as a first time home buyer or are going to buy a "New home"...There is a new State Tax Credit for up to $10,000 or 5% of the purchase price which ever is less.
It is for Owner Occupied only and goes until August 1st 2011 or when the money runs out!
Last time the money ran out pretty quickly so keep that in mind if you plan on waiting to try and time the market...
With interest at historic lows still and plenty of available great buys this new tax credit should help those that have contemplated purchasing.
Here is a link to all the details of this...
Remember this is a tax CREDIT not a check back in the mail!!
Regards
Richard
Contact me today for Redding Ca Real Estate Info