Archive for April 20th, 2009

Apr 20 2009

Another reason to be a first-time buyer — or just a buyer

Published by Christine under Real Estate

In addition to the $8,000 first-time buyer federal tax credit, it pays to be a buyer in California as well.

Up to $10,000 credit can be obtained (or 5% of the purchase price) on a new home purchased in California between March 2008 and 2009. For more details read:

New Home Buyer Credit

This is not a cash-back but a credit that can be applied over three years of income tax returns.

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