Honey, Start Packing!

your guide to buying and selling Santa Clarita real estate

Tax Credit Update: New Homebuyers Get $8000 and Move-Up Homebuyers Get $6500

Linda Slocum | November 8, 2009

With the extension and expansion of the Federal homebuyer tax credits, both first-time homebuyers and existing homeowners wishing to either move up or downsize are eligible for tax credits up to $8,000.
As with all things income tax-related, there are rules and exceptions to deal with.
For both first time homebuyers and existing homeowners buying a new [...]

Chasing the $8000 First Time Homebuyer Tax Credit

Linda Slocum | October 4, 2009

With the window of opportunity for the $8,000 first time homebuyer tax credit rapidly coming to a close, many buyers are scrambling to find their Dream Homes so they can close escrow before the November 30 deadline.
If you’re looking to take advantage of the first time homebuyer tax credit, remember that the rules state that [...]