Category Archives: Home Buyer Incentives

House Votes to Extend the Federal Home Buyer Tax Credit!

On Tuesday (6/29/2010) the U.S. House of Representatives voted to extend the Federal home buying tax credit through September 30, 2010. The tax credit incentive which allows a first time buyer to receive up to $8,000, and a repeat buyer … Continue reading

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California’s First Time Buyer Tax Credit is Official!

It is official, Gov. Schwarzenegger signed Assembly Bill 183, the Homebuyer Tax Credit legislation, into law.  AB 183 will provide a total of $200 million for home buyer tax credits. $100 million for qualified first-time home buyers of existing homes and $100 … Continue reading

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Another First Time Home Buyer Tax Credit For California?

First Time Home Buyer in California could benefit from the possible extension and improvement of the $10,000 Tax Credit. The $10,000 First Time Home Buyer Tax Credit which Governor Arnold Schwarzenegger proposed to extend early this year has been passed … Continue reading

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IRS finally publishes rules for $6,500 repeat home buyer tax credit

By Kenneth R. Harney Reporting from Washington – If you’ve been holding back on the new $6,500 federal tax credit for repeat home purchases, you now have all the official IRS guidance you’ll need to buy a house, qualify for … Continue reading

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Explanation of the new Home Buyer Tax Credit “REVISION”

The home buyer tax credit was extended into 2010 allowing First-Time Home Buyers a chance to receive a Tax Credit of up to $8,000 until April 30, 2010. It also offers current home owners a chance to receive a credit … Continue reading

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Senate OKs extension of home-buyer tax credit!

The measure is expected to be approved by the House and signed by Obama within days. It is aimed at giving the real estate market an added boost and would expand the credit to existing homeowners.Reporting from Washington – The … Continue reading

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