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. The California state credit is either $10,000 or 5%, whichever number is lower and the Federal tax credit ... [Read More]
Wednesday, June 10, 2009 | Harlan Griswold III
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. On Friday, May 29, 2008 HUD announced they would indeed allow the use of this tax credit for money down ... [Read More]