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Tax credit

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 [...]

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Update on Extending the First Time Home Buyers Tax Credit

The First Time Home Buyers Tax Credit is set to expire on November 30th.  The reality of this deadline means that the buyers out now need to get a home in escrow by the 20th of October.  The Thanksgiving Holiday will add days to any escrow [...]

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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 [...]

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