June 24, 2010

California 2010 Tax Credits

Posted to Kathy Mardiros, Real Estate Tips

Every week on Thursday the State of California Franchise Tax Board releases the numbers as to how many applications have been received for the First Time Buyer Tax Credit. The Tax Board has indicated they will accept up to 28,000 applications to insure that there are enough valid applications to allocate the entire $100 million available. To check the latest figures go to www.ftb.ca.gov/individuals/new_home_credit.shtml.

The $100 million allocated toward new home purchase on the site are estimates as at the present time the Tax Board is accepting RESERVATIONS.

If you are a first time home buyer and thinking of purchasing, now is the time. With interest rates low and the first time home buyer tax program still available, do not delay in starting your home search. For a referral to one of our sales associates, please give me a call at 925-287-0550 or email me at .

Posted by:  Kathy Mardiros

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