10: Do Your Homework Before Counting on that $10,000 Tax Credit in California - 02/21/09 11:25 AM
When I heard the news this week that California new home buyers may receive a $10,000 tax credit, it sounded almost too good to be true. In some ways it is. Some web sites are giving out wrong information to consumers, leading California buyers to believe that they can receive an $8,000 tax credit on the federal level for being a first-time home buyer on top of a $10,000 credit on the state level, equaling a whopping $18,000 tax credit for this year. It doesn't work that way.
For starters, the $10,000 tax credit is only for new homes, and the … (11 comments)

 
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Elizabeth Weintraub, Sacramento Short Sale Agent, Land Park, East Sac, Lyon RE

Sacramento, CA

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Top 1% at Lyon Real Estate #00697006

Address: 2801 J Street, Sacramento, CA, 95816

Office Phone: (916) 233-6759

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Broker-Associate at Lyon Real Estate, midtown Sacramento. Selling since 1974. Home Buying Guide at About.com. Sacramento short sale agent.
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Author Bio: Elizabeth Weintraub is a Sacramento real estate broker, author, home buying guide for About.com, a Land Park resident, and a Land Park agent who specializes in older, classic homes in Land Park, Curtis Park, Midtown and East Sacramento. Weintraub is also a Sacramento Short Sale agent who lists and successfully closes short sales throughout Sacramento four-county area. Call Elizabeth Weintraub at 916.233.6759. Put 35 years of real estate experience to work for you.

 


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