Time running out on $10,000 tax credit for CA new construction homebuyers
Posted by Ben Nicolas on Friday, June 19th, 2009 at 11:35am.Did you know that the state of California is offering a $10,000 tax credit for homebuyers buying new construction?
Well time is running out on this great opportunity.
For more information go to CA Franchise Tax Board website at:
http://www.ftb.ca.gov/individuals/New_home_Credit.shtml
Update: as of July 3rd, 2009 the state has run out of funds for this program. Sometimes when sales people are telling you that you'd have to "Act Now" its actually true....
2 Responses to "Time running out on $10,000 tax credit for CA new construction homebuyers"
Thanks Yocheved,
Yes I'd been made aware of that just hadn't updated the blog yet. I just added an update. This is still a good time to buy for many reasons, are you looking to buy property to live in or as an investment?
Posted on Friday, July 10th, 2009 at 12:28 PM.
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The link to the program now states the time has indeed run out. Last day to apply was July 3, 2009
Posted on Friday, July 10th, 2009 at 4:38 AM.