State homebuyer tax credit sought again. Will this affect Danville Real Estate?

State homebuyer tax credit sought again. Will this affect Danville Real Estate?

by bobgibbs on February 4, 2010

in Latest News

Danville real estate

Are we in line for another First Time Home Buyer Tax Credit from the state? The followingContra Costa Times article discusses a proposed First Time Home Buyer Tax Credit. There are applications of this credit for both new and existing construction. The proposal calls for a $10,000 credit issued up to 10,000 First Time Purchasers of New Construction and a provision for 10,000 First Time Buyers of existing construction. The credit can be combined with the federal First Time Home Buyer Program and has a potential credit total of $18,000. This would have a positive affect on home buyers of Danville Real Estate, San Ramon Real Estate, Alamo Real Estate, and anyone in the entire Bay Area. I’m certain that there will be much debate on the floor regarding  this credit so we’ll see what happens.

State homebuyer tax credit sought again – ContraCostaTimes.com.



{ 1 comment… read it below or add one }

1 Debt Consolidation February 5, 2010 at 6:22 pm

I’ll take some of your suggestions and try to apply them.

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