the best explanation Iâ€™ve seen of the two income tax credits that are now available to homebuyers in our grand state of California.This table is from the California Association of Realtors and is the best explanation Iâ€™ve seen of the two income tax credits that are now available to homebuyers in our grand state of California. A couple of notes: although the deadlineÂ to enter escrow to purchaseÂ a home to qualify for the state tax credit isÂ December 31, 2010, state officials expect the money allocated for this credit to be gone by this June. Last yearâ€™s similar tax credit was gone by June, 2009.
Note for those of you who made too much money to qualify for the Federal tax credit: there is no income limit for Californiaâ€™s credit! Nor is there a maximum price to be paid for the home!
Â My current listings:
5320 Rock View Terrace, Eagle Rock
5320 Rock View Terrace, $699,000. 3 bedrooms, 1.5 baths, guest quarters, wonderful landscaped yard, great location near Hill Drive in Eagle Rock.Â Â Â Â Â Â Â Â Â
1132 Wotkyns, Pasadena
1132 Wotkyns Drive, Pasadena, $1,095,000. Stunning Mediterranean adjacent to Arroyo and Prospect Park. 4 bedrooms, 3 bathrooms, family room, 3 fireplaces, street to street lot. Open Sunday, April 12, 2-5 pm.