Altadena Real Estate


Housing Tax Credit Questions?

Much confusion remains about the newly-revised rules for the first time home buyer tax credit.  I think this web page does a wonderful job of explaining the specifics:

http://www.federalhousingtaxcredit.com/faq1.php

Based on conversations with our clients and with other Realtors, even more confusion abounds about the rules for the newly-adopted repeat home buyer tax credit. Again, this page does a great job of laying out the facts:

http://www.federalhousingtaxcredit.com/faq2.php

One major caveat… both of these credits are only valid on homes that are in escrow by April 30, 2010.  So, don’t delay! Call us today to start looking for your new home.

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