Good news for first-time home buyers that are looking at new homes in California!
As many people are now aware, there is an $8,000 tax credit for first time buyers, thanks to the "stimulus" package that was recently signed.
In addition to this however, the state of California is also offering a $10,000 tax credit to people buying new construction homes. There is a healthy amount of paperwork to fill out, and "standard operating procedures" have yet to be established, so the best bet is to apply early before the money runs out.
The state has a budget of $100 million for this tax credit.
For more information, please visit: http://www.ftb.ca.gov/individuals/New_Home_Credit.shtml
For information on new homes that qualify for this tax credit, please be sure to contact me as soon as possible! Don't miss out!