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

Posted by Ben Nicolas on Friday, June 19th, 2009 at 6:35am.

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"

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 Thursday, July 9th, 2009 at 11:38pm.
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 7:28am.

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