California is Offering A Tax Incentive for Buying a New Home
A $10,000 home buyer credit for purchasers of new homes in California? I’ve been checking on the web to see if things are different in other states with regard to jump starting the economy and the housing market. There are actuallydifferent things happening out there to spur the economy. Here are a few highlights of a California new home buyer incentive:
- It’s in addition to the federal first home buyer tax incentive of $8000. (so first time home buyers who buy new construction have a total of an $18,000 credit)
- It’s not just for first time home buyers, it’s for any home buyer who buys new construction.
- It’s limited to the first 10,000 new home buyers.
- It is available now through March of 2010.
If you follow the link above, you can find out the complete details of the new home buyer credit, which is not to be confused with the first time home buyer credit!
What do you think? Is this something that would work in Washington State?
No related posts.
No related posts.
Equal Housing Opportunity. Equal Opportunity Employer. · 
©2012 NWMLS. All rights reserved. Information deemed reliable but not guaranteed. The listings presented here may or may not be listed by the Broker/Agent operating this website. Listings that are provided courtesy of NWMLS are marked with the NWMLS "three tree" icon. Information last updated on 2/4/12 12:00 PM PST.
Pingback: A Payment Protection Plan for Home Buyers Who Lose Their Jobs? « Eastside Real Estate Buzz