Going, Going, Gone..... Before You Knew It!

California has come up with a new tax credit of up to $10,000 for first time home buyers as well as on new homes or homes never previously lived in. The program does not officially start ...and you can't even apply for it until May 1, 2010 but rumours are swirling that all the funds in the program maybe gone before the month is out.

The total tax credit allocation for all taxpayers is $100 million for first-time homebuyers and $100 million for new homes, both on a first-come, first-served basis. Needless to say if you want your share of these funds the time to act is May 1st. Call your lender now and be prepared to take advantage of this very generous incentive plan.

If you need A lender recommendation please see California Lenders