Be in contract by April 30th, 2010
Close escrow between May 1st and June 30th, 2010
You can get overlapping checks from the Federal government and from the State of California
What do you get?
Up to $6500 from our Federal government for existing home owner…a check…that’s it.
Up to $8000 from our Federal government for new home buyer…a check…that’s it.
Up to $10,000 from the State of California over 3 years…a credit towards your taxes…that’s it.
For the $8,000 Federal check, you must be a first time home buyer
For the $6500 Federal check, you can be an existing home buyer
For the $10,000, you must have lived in your present home 5 out of the last 8 years.
Now, as with all good things, don’t take this on face value…check with your CPA to be certain that you qualify before you commit.
So, as I said, why in the world are you not buying a home NOW?????