The First Time Home Buyer Credit is an $8,000 credit that you can claim if you have not owned a home used as your primary residence within the last three years. The credit is made possible by the American Recovery and Reinvestment Act of 2009. The catch is…to qualify for the credit, your home purchase [...]
Posts Tagged ‘tax credit’
First Time Buyers RED ALERT
April 6th, 2009
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The DEADLINE is NOVEMBER 30th this year for the $8,000 give away to first time buyers. Buyers must have officially closed their transaction by this date and should remember that it typically takes 60 days to close a transaction after writing the sales contract. For many transactions this could take as long as 4 months [...]
California Unloaded!
March 18th, 2009
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Article contributed by : Frank Goodale, R, CRB Vice-President, Director of Information Technology – Clark Realty Corporation Great news from our neighbors to the east. The California Association of Realtors recently reported that the state’s inventory of unsold homes dropped from a 16.6 month supply of remaining inventory to a 6.7 month supply of remaining [...]
