by Ted Mackel on November 24, 2009
Simi Valley California home sales were down in October 2009. This is very interesting in that the market has been pushed in a positive direction by the first-time home buyers tax credit. In September and October buyers knew that the tax credit was scheduled to expire on November 30, this should have reflected in an [...]
by Ted Mackel on November 5, 2009
That’s right Simi Valley home buyers, the tax credit is waiting for Obama’s signature. The tax credit legislation passed the House today in a 403 to 12 vote. The Senate vote was 98 to zero. This time around there a few additions, these are pointed out in my video blog below. One thing I did [...]
by Ted Mackel on March 25, 2009
1st Time Home Buyer Tax Credits Explained for Simi Valley Home Buyers
The Details are out!!!
1. There are income limitations for the purchasers, $75,000 for an individual or $150,000 for a couple. Partial credits may be available if you exceed the maximum income limits.
2. The Tax credit is for 10% of the home’s value, up to [...]