Posts Tagged ‘Federal Tax Credit’

Mar 29

Dual tax credits available

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The Feds & the state are offering buyer incentives

With the announcement of California’s new tax credit, buyers of new homes potentially can get tax credits from both the Federal government and the state at this time. Read the rest of this entry »

Jun 11

First Time Homebuyers – $8000 Tax Credit Cannot Be Used for 3.5% Downpayment

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Update regarding $8000 Tax Credit (See Below) – “This seemed to good to be true”. Read the rest of this entry »

Jun 10

Using the $8000 for money down, closing costs on FHA loans

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For weeks, the subject of HUD allowing buyers to use the $8000 Federal tax credit for FHA money down and closing costs, was bandied about, with no real expectation it would actually become a reality.  Read the rest of this entry »