Time running out on $10,000 tax credit for CA new construction homebuyers

IET Blog relating to Real Estate, Real Estate Finance, Real Estate Investment, Loan Modifications and the overall US Economy as it relates to these topics. On occassion we may slip something funny or of general interest in there to keep things light

IET Real Estate Featured Areas


Jump to Time running out on $10,000 tax credit for CA new construction...

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....

 

M. Ben Nicolas
IET Real Estate (Los Angeles County - CA)
Cell: 310 874-1278 
E-mail Ben

 


2 Responses to "Time running out on $10,000 tax credit for CA new construction homebuyers"

Yocheved Schoenes wrote:
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.

Ben wrote:
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.



Leave a Comment

My Account

Log in, to view your saved searches and add to your favorite listings.

Sign Up Here For Your FREE Account

... So You Can:

  • View detailed property information
  • Print detailed property flyers
  • Save your searches & favorite homes
  • Inquire about a private showing
  • Map individual property locations
  • Share your favorite homes with friends