BLOG - Marin Real Estate

 

For a California First Time Homebuyer, if you time it right, and get into escrow on or before 04/30/2010 and close escrow between 05/01/2010 and 06/30/2010; you can get up to $18,000 Tax Credit.

How so, you asked ....

As a first time homebuyer, if you get into escrow on or before 04/30/2010, and close escrow before 06/30/2010; you get up to $8,000 tax credit from the federal government.  This credit can be applied to (or amended on) your 2009 Tax filing. 

For CA residences, Governor Schwarzenegger just signed into law that if you buy your first home and close escrow on or after 05/01/2010 and before 12/31/2010; you can get up to $10,000 tax credit back from CA.  This credit can be spread over 3 years.

So, if you time it right, as a first time home buyer, you can get up to $18,000 combined credit back from federal and CA.

Check with your Realtor and ask her to help you find the right home and use good strategy to help you get into escrow and close on the house within the time frame provided above!

Good luck and enjoy your new home and the extra cash back!  

Posted by Sylvia Barry on April 2nd, 2010 8:33 PMPost a Comment (0)
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:

 MARIN REAL ESTATE
Sylvia Barry provides professional Real Estate Consulting for Marin Home Sellers or Buyers - Novato, San Rafael, Corte Madera, Kentfield, Mill Valley, Ross, Belvedere, Tiburon, Greenbrae, Larkspur, Marinwood, Nicasio, San Anselmo; as well as Sonoma County Sonoma Real Estate Consulting - Petaluma, Rohnert Park, Cotati, Santa Rosa, Penngrove. Marin County Real Estate, Marin County Homes, Marin County Home, Marin County Houses, Marin County House,
 REO, Bank Owned, Foreclosures, Asset Preservation, Chinese Realtor, Chinese Real Estate Agent,
Chinese Speaking, Mandarin Speaking  
Luxury Property, Horse Property, Water View Homes, Single Family Homes, Starter Homes, Condos/Townhomes, Investment Property, 1031 Exchange, Relocation, Land,  Rental Property, Eichler Homes, Lagoon Homes, On Water, Open Space, Senior Service, Ocean View, First Time Home Buyer, REO, Bank Owned, Foreclosures, Asset Preservation,  Distressed Property


Sylvia Barry & Associates
Cell: Fax:

Why Sylvia? | Contact Us | North Bay Junior Tennis | Marin County Resource | Marin/Sonoma Open House Search | Novato BusinessResource | Marin Tennis Clubs | PROP 60 / PROP 90 | Marin Chinese Realtor / Chinese Real Estate | China / Chinese Resource | Marin Summer Camp | Marin Parks & Open Space | Search Luxury Property | Shang Hai Real Estate | Visiting Taiwan | Marin Pictures | Marin County Mothers Support | Marin Senior Discounts | Second Chance Rescue | Marin Humane Society | Marin Sonoma Recreation Resource | World Wide Home Search | Marin Horse Property for Sale | San Francisco Open House Search | Marin County Stormwater Pollution Prevention Program | Featured Listings | Free Valuation! | MARIN BANK OWNED, FORECLOSURE | Marin County Year Round Recreation | Selling Short Sale Property | BLOG - Novato.Patch | Looking to Buy? | Press Release | Home | Applying for a Loan | Buying Foreclosures/REO's | BLOG - Marin Real Estate

Copyright © 2012 Sylvia Barry & Associates
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.



 
State:
County:
City:
Zip: