First time homebuyers in Temecula, Murrieta and other portions of Riverside and San Diego County have up to $18,000 waiting for them.
What will it take to be eligible for this windfall? Act and act now. I know it sounds like a sales pitch from one of those late night infomercials, but as my mom used to say "He who hesitates is lost"
In addition to the Federal first time home buyer tax credit which expires on April 30,hence the ACT NOW!, the State of California has re-introduced it's new home tax credit along with a new first time homebuyer tax credit. The catch is that funds are limited in the California program.
There is approximately $100 million dollars allocated for each state program and funds are reserved on a first come first served basis.
For more information on the California Tax Credit
For more information on the Federal First Time Home Buyer Tax Credit
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