Market Update 2/15/10
If you’re considering purchasing a home don’t get left behind…Liv Mansfield is racing the clock, hoping to find and settle, or at least sign a purchase agreement, on a townhouse before the $6,500 tax credit for qualified repeat home buyers expires April 30, 2010. Read more…
California home buyers this is one you will not want to skip…For California homebuyers, tax time is now tax relief time too. Thanks to two recent laws, a California homebuyer may qualify for $18,000 in tax credits for buying his or her piece of the American dream. The two tax credits are a first-time homebuyer credit up to $8,000 under federal law, and a new home credit up to $10,000 under California law. For more information on the tax credit laws, C.A.R.’s Legal Department has a legal article entitled Housing Stimulus Laws of 2009 which is available for members only.
To see a quick summary of the two tax credit laws, click here
Homeownership is a big step in one’s life, before you move forward let us help you make sure it’s the right move for you. The answer depends on your financial situation, your future plans, and what you hope to do for yourself and your family by buying and owning a home. Real more…