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What a great time to buy! Rebates! Credits! Tax Breaks!--oh my. . .

By
Real Estate Agent with Kaminsky Real Estate Group/Shorewood Realtors

CA Assembly Bill 811 gets owners low interest loans on renewable energy projects & improvements. . .

CA Assembly Bill 811 allows property owners in designated parts of cities or counties to finance renewable energy generation and energy-efficiency improvements through low-interest loans. South Bay Cities Green Task Force meets May 28 @ 1:30 & tour of sustainable luxury townhomes avail.

http://www.HermosaPointeHomes.com

Tax Credit Provides Outstanding Opportunity for Home Buyers

A tax credit of up to $8,000 is available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Any home that will be used as a principal residence will qualify for the credit. This includes single-family detached homes, attached homes like townhouses and condominiums, manufactured homes (also known as mobile homes) and houseboats. The definition of principal residence is identical to the one used to determine whether you may qualify for the $250,000 / $500,000 capital gain tax exclusion for principal residences.

http://www.federalhousingtaxcredit.com/2009/index.html

Energy Rebates for Homeowners! 

Southern California Gas (‘SoCal Gas) offers rebates for qualifying energy efficient upgrades or improvements made to commercial business properties, single family residential homes and multi-family housing. Tankless water heaters may qualify for a $200.00 rebate from The Gas Company.

Edison offers rebates on energy efficient lighting, appliances, heating and cooling, pool equipment and solar installations for single family dwellings and multi-family housing.

http://www.socalgas.com/index/         www.sce.com